|
|
Pickup bond |
|
|
|
 Home Site Map Add Term Search About Us Contributors |
Pickup bondA bond with a relatively high coupon that is close to the date at which it is callable, meaning that a fall in interest rates will most likely cause early redemption of the bond at a premium.Pickup bond Similar MatchesPure yield pickup swapPure yield pickup swapMoving to higher yield-bonds. Yield differential or pickupYield differential or pickupMainly applies to convertible securities. Graph showing the term structure of interest rates by plotting the yield of all bonds of the same quality with maturities ranging from the shortest to the longest available. PickupPickupThe gain in yield that occurs when a block of bonds is swapped for another block of higher-coupon bonds. |
|
|
|