OAS isn’t directly comparable to the discount margin because of the way the OAS gets calculated. The OAS uses unique current spot‚ or zero‚ rates to discount cash flows according to their terms along the entire swap curve. For example‚ the OAS discounts a cash flow received in six months at the six-month spot rate. The OAS is the number of basis points added to each unique spot rate to get to the current present value of the bond‚ while the discount margin is a spread over three-month Libor. You can
Premium Forward contract Credit Interest
EMC1 #142426 The Blind Side During our Physics class‚ it was my second time to watch this movie. The first time I watched it‚ I didn’t really focus on the movie but when we were required to watch it during our physics class‚ I fully focused on the movie and I’m glad I did. The Blind Side shows the value of loving your neighbours and helping those in need. I really enjoyed the movie because of the values
Free Love Emotion English-language films
Color Blind I’ve been privileged enough to grow up color blind‚ and so has the younger generation in my family. That’s what happens when your great-great grandmother is white on your mother’s side‚ and great grandfather is Cherokee Indian on your father’s side. It has been said that if you have one percent of black blood in you‚ you were considered black. Due to the generational gap my father’s birth certificate says Colored‚ my mothers says Negro‚ and mine says African American. When I was asked
Premium White people Black people Racism
Spot Rate and Forward Rate Spot Rate: It is nothing more than the YTM on bond. It is the rate of interest on bond maturing at any time in the future. It is also known as geometric average of 1 year forward rates in the future. Hence‚ YTM on bonds can be calculated as: When forward rates are given then; oS1 = oF1 oS2 = [(1+of1)(1+1F2)](1/2) -1 oS3 = [(1+of1)(1+1F2)(1+2F3)](1/3) -1 and so on. Forward Rates: It is the interest rate established today ‚ that will be paid on money to
Premium Bond
3) After analyzing Peter’s choice of using the spot rate on April‚ we agreed that he took the right decision. When Peter offered his bid to the American firm on April 1st‚ he did not know the period of time that it was going to take them to accept the bid and either reject it or make the payment. As a consequence‚ he doesn’t know if he is going to get the money or when he is going to get it. Therefore‚ if he would have choose to do a forward or a future contract hedge‚ it wouldn’t have been convenient
Premium Futures contract United States dollar Option
robotics; while all of the floor workers are used to putting their welding skills to the test they have transferred to automatic industrial welding robotics. While spot welding is a huge step in welding‚ these welds may not be as precise when put into human hands. The automatic machines have been developed to have extreme precise spot welds to help strengthen the weld. This is possible due to the extreme about of analog and digital signals; since these are so precise
Premium Robot Welding Robotics
Bloomberg training session BESS – a faire BU – Bloomberg University (tuto‚ courses…) BPS – Bloomberg professional services Cheat – Cheat sheet ____________________________________________________________ DMMV – Country info EMMV – Emerging market info BTMM – treasury & money market DES (company) – descriptive RV (company) – company vs. competition HDS (company) – Holders FA (company) – Financial analysis CN – Company news SPLC – supply chain analysis GS – scatter chart (volatile / profit/earnings)
Premium Foreign exchange market Forward contract Futures contract
Aloha products Aloha Products is a United States-based coffee-processor company that has been providing non-specialty and low-priced coffee for over a hundred years. It purchases the raw materials or what buyers and sellers refer to as “green coffee” from brokers and trade firms then processes the coffee and sells the final product to customers. Large companies such as Nestle and P&G directly import the unprocessed or green coffee beans from coffee plantations in tropical countries such as Brazil
Premium Forward contract Control theory Management
a fixed rate of interest payments and how you can use FRA in mitigating risks. (4 points) 3. The standard deviation of monthly changes in the spot price of live cattle is 1.2 cents per pound. The standard deviation of monthly changes in the futures price of live cattle for the closest contract is 1.4. The correlation between the futures price and the spot price changes is 0.7. It is now Feb 5 and a beef producer is committed to purchase 200‚000 pounds of live cattle on April 10. The producer wants
Premium Futures contract Derivative
DC Touring Spots Rock Creek Nature Park Planetarium shows‚ nature walks and more. Daily‚ 9 a.m.-5 p.m. Rock Creek Park‚ Glover Road‚ NW. 202/426-6829 Bureau of Engraving and Printing See how $$$ are made! Mon.-Fri.‚ 9 a.m.-2 p.m.‚ 14th & C Streets‚ SW. Tours available in several languages. Tickets given out before tours every 10 minutes. 202/622-2000 The FBI One-hour guided tours. Mon.-Fri.‚ 9 a.m.- 4:15 p.m. Located between 9th & 10th Streets on E Street
Premium