- Industria: Financial services
- Number of terms: 25840
- Number of blossaries: 0
- Company Profile:
UBS AG, a financial services firm, provides wealth management, asset management, and investment banking services to private, corporate, and institutional clients worldwide.
Return on an investment in first-class money market paper, which due to its short term to maturity is subject to virtually no price fluctuations and is therefore regarded as being risk-free, e.g. Treasury bills.
Industry:Banking
In general: financial term for a combined or simultaneous buying and selling operation.
(1) Swaps between central banks: transactions that are frequently carried out in connection with the IMF or the BIS to bridge international liquidity crises.
(2) Capital-market swaps: agreements whereby the two parties undertake to swap payments over a specified period on specified dates and at conditions fixed in advance. The swap contract can either refer to the exchange of interest payments (interest-rate swap) or the exchange of interest payments and nominal amounts in different currencies (currency swaps).
(3) Synonym for currency swap.
(4) Synonym for debt-equity swaps.
Industry:Banking
Strategy used to protect a position or an entire portfolio against losses.
Industry:Banking
Abbr.: CPR. Method of expressing the prepayment rate for a mortgage pool that assumes that a constant fraction of the remaining principal is prepaid each month or year.
Industry:Banking
Stamp duty levied by the Swiss government on issues of domestic equity securities and bonds.
Industry:Banking
Abbr.: WAL. Maturity of each position in a mortgage pool or other debt instrument portfolio weighted by the value of the position to compute an average maturity for the pool.
Industry:Banking
Component of certain derivatives that protects the investor against a significant loss on the original investment. Takes the form of a minimum repayment guarantee.
Industry:Banking
Type of credit granted to economically weak countries to subsidize the cost of exports and facilitate trade. The loan consists of a tranche on preferential terms (government tranche) and a tranche on market terms (bank tranche).
Industry:Banking
Also: accumulation fund, growth fund. Investment fund that reinvests most of its income. The continuous reinvestment of income further enhances performance thanks to the compound interest effect.
Industry:Banking
