12:44 Nov 21, 2022 |
Spanish to English translations [PRO] Bus/Financial - Investment / Securities / Bond market | |||||||
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| Selected response from: philgoddard United States | ||||||
Grading comment
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Summary of answers provided | ||||
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4 +3 | explicit-yield |
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5 | issue yield |
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3 | proprietary investment return |
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Summary of reference entries provided | |||
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see |
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Refs. |
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Explicit yield |
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explicit-yield Explanation: I don't know exactly what this means, but the translation is clearly a good one, and shows that it's the opposite of implicit yield. Stripping transforms an explicit-yield security (Strippable Bono or Obligación) into a string of implicit-yield instruments (zero-coupon bonds), with maturity and redemption value equal to the coupons and principal of the original asset. http://www.tesoro.es/en/deuda-publica/otras-formas-de-invers... -------------------------------------------------- Note added at 2 hrs (2022-11-21 14:56:05 GMT) -------------------------------------------------- No hyphen in your context, since it's not followed by a noun. |
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Grading comment
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