Industry WIKI

The term asset swap has a number of different meanings:

An auction rate security (ARS) typically refers to a debt instrument (corporate or municipal bonds) with a long-term nominal maturity for which the interest rate is regularly reset through a Dutch auction. Since February 2008, most such auctions have failed, and the auction market has been largely frozen. In late 2008, investment banks that had marketed and distributed auction rate secur

Bond valuation is the process of estimating the fair value of a bond. In the prevalent present-value approach, the value equals the sum of expected cash flows discounted at appropriate rates.

Fixed-income attribution is the process of measuring returns generated by various sources of risk in a fixed income portfolio, particularly when multiple sources of return are active at the same time.