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Original Issue Discount securities (OIDS) |
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Original Issue Discount securities (OIDS)Bonds on which the coupon rate is set considerably below the yield to maturity at the time of issuance so that the bonds are issued at a discount from a par value.Original Issue Discount securities (OIDS) Similar MatchesPublic Securities Administration (PSA)Public Securities Administration (PSA)The trade association for primary dealers in US government securities, including MBSs. Mortgage Backed Securities Clearing Corporation (MBSCC)Mortgage Backed Securities Clearing Corporation (MBSCC)"Founded" in 1979, MBSCC is the sole provider of automated post-trade comparison, netting, risk management and pool notification services to the mortgage-backed securities market. The organization is a registered clearing agency with the Securities and Exchange Commission and majority-owned by its members -- MBS dealers, inter-dealer brokers and other non-broker/dealers. MBSCC provides its specialized services to major market participants active in various Government National Mortgage Association (GNMA), Fannie Mae(FNMA) and Federal Home Loan Mortgage Corporation (FHLMC) MBS programs. Irredeemable securitiesIrredeemable securitiesSecurities, such as some debentures (perpetual debentures) and certain government loan stock (Consols) which do not have a redemption date that is there is no date specified for repayment of capital. Uniform securities agent state law examinationUniform securities agent state law examinationA test required in some states for registered representatives who are employees of member firms of the NASD or NASD NASD. Restricted SecuritiesRestricted SecuritiesThe term used under Rule 144 for securities issued privately by the company, without the benefit of a registration statement. Restricted securities are subject to a holding period before they can be sold under Rule 144. Further SuggestionsTreasury securities (treasuries)Securities Industry Committee on Arbitration (SICA) National Securities Clearing Corporation Treasury securities securities Securities Industry Automation Corporation Government securities Project loan securities National Association of Securities Dealers Osaka Securities Exchange (OSE) Universe of securities European Association of Securities Dealers Automated Quotation Discount securities Securities Exchange Act of 1934 Agency securities Securities & Exchange Commission (SEC) Federal agency securities unlisted securities Manufactured housing securities (MHS) Securities Investor Protection Corporation Securities Act of 1933 Securities and Investments Board PIK (Payment in kind) securities European Association of Securities Dealers Automated Quotation (EASDAQ) organised securities exchange |
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