It means Original Issue Discount securities. Debt obligations on which the coupon rate is set significantly below the yield to maturity at the time so that the bonds are issued at discount from par value.
13:49, 5 November 2013
Original Issue Discount securities
17:54, 21 November 2012
A business which is owned by the group of people who have ...
Theory developed by Harry Browne in the 1980s, the theory ...
An option holder pays the premium (cost of the option) to ...
An agreement between two parties where one stream of future ...
Term used to describe a financial contract in the ...
The Hong Kong dollar is like the call option of currencies. ...
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