The maximum interest rate payable on a floating-rate security.
Debt securities with interest rates that are subject to periodic adjustment based on an index or formula. Fannie Mae debt securities are always redeemed at par. It is used as a measure of the sensitivity of the value of a security to changes in interest rates. The option adjusted duration for an option embedded security. The maximum interest rate payable on a floating-rate security. The rate of return on an investment over a given time, expressed as an annual percentage rate.
The date on which all of the principal or any remaining principal of a debt security is due to be paid by the issuer as specified at the time of issue, unless the security is redeemed in full earlier. The amount by which the purchase price of a security is less than its face value. Debt securities with interest rates that are fixed at the time of issue.
The relationship between individual yields and maturities for a given issuer's securities. The possibility that the price of a security will change over time. The annual return on an investment, calculated by dividing the coupon interest rate by the amount invested expressed as a percent of par.
The stated annualized percentage of interest paid on an investment. The minimum interest rate payable on a floating-rate security.