FINANCIAL MARKET

FINANCIAL MARKET

This is a term for the place where securities are traded and includes the stock market and bond market.

FIXED RATE BOND

FIXED RATE BOND

These bonds carry a fixed rate of interest on the principal amount which is payable as outlined in the terms of the issue of the bonds. 

FLOATING RATE BONDS

FLOATING RATE BONDS

The interest rates are not fixed in these types of bonds and are linked to the benchmark rate or any other index. Ex inflation indexed bonds, etc  

FACE VALUE

FACE VALUE

Face value is the nominal value of a security or par value of a security.