If the reference bond performs without default, the protection buyer pays quarterly payments to the seller until maturity If the reference bond defaults, the protection seller pays par value of the bond to the buyer, and the buyer transfers ownership of t

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by Yang | 2013-12-18

Quantitative easing (QE) is an unconventional monetary policy used by central banks to stimulate the economy when standard monetary policy has become ineffective.[1][2][3] A central bank implements quantitative easing by buying specified amounts of long t

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by 佳佳 | 2014-06-04

The forward rate is the future yield on a bond. It is calculated using the yield curve. For example, the yield on a three-month Treasury bill six months from now is a forward rate.

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by 佳佳 | 2014-06-04

When the currencies of two countries are on metallic standard (gold or silver standard), rate of exchange between them is determined on the basis of parity of minorities between currencies of the two countries. Thus, the theory explaining the determinatio

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by 佳佳 | 2014-06-04

An investor writing a put option would practice pegging so that he or she will not be required, due to lowering prices, to purchase the underlying security or commodity from the option holder. The goal is to have the option expire worthless so that the pr

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by 佳佳 | 2014-06-04

Managed float regime is the current international financial environment in which exchange rates fluctuate from day to day, but central banks attempt to influence their countries' exchange rates by buying and selling currencies. It is also known as a dir

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