Schedule of bonds distributed by holder or broker to dealer in order to get a bid, or current price, on the bonds.

The combination and average of two points on the yield curve to find a yield at the midpoint.

Committee of European Banking Supervisors

The current remaining monthly principal on a mortgage security. Current face is computed by multiplying the original face value of the security by the current principal balance factor.

Future Commissions Merchant

Dollar limitation of private-activity bonds that are allowed to be issued, by state, each year. Legislation enacted by Congress sets the volume cap.

The current value of a zero coupon municipal bond, taking into account interest that has been accumulating and automatically reinvested in the bond.

Often the last tranche in a CMO, the accretion bond, or Z-tranche, receives no cash payments for an extended period of time until the previous tranches are retired. While the other tranches are outsta [..]

Often the last tranche in a CMO, the accrual bond or Z-tranche receives, no cash payments for an extended period of time until the previous tranches are retired. While the other tranches are outstandi [..]

Interest deemed to be earned on a security but not yet paid to the investor.