Cyber*School

ISO code for troy ounce of silver

ISO code for troy ounce of gold

ISO code for Bond Markets Units European Composite Unit (EURCO)

ISO code for Special Drawing Right

Bonds can thereby be traded. (In Vienna are thereby equities and bonds traded)

a type of foreign bondindicates a bond which is issued from a foreign entity in the USA denominated in USD

(YTD) Identifies the total return on a given date (present value).

abbr. ISO currency code for japanese yen

annual percentage return on an investment

A line that plots the interest rates, at a set point in time, of bonds having equal credit quality, but differing maturity dates. The most frequently reported yield curve compares the three-month, two-year, five-year and 30-year U.S. Treasury debt. This yield curve is used as a benchmark for other debt in the market, such as mortgage rates or bank lending rates. The curve is also used to predict changes in economic output and growth. There are three main types of yield curve shapes: normal, inverted and flat (or humped). A normal yield curve is one in which longer maturity bonds have a higher yield compared to shorter-term bonds due to the risks associated with time. An inverted yield curve is one in which the shorter-term yields are higher than the longer-term yields. A flat (or humped) yield curve is one in which the shorter- and longer-term yields are very close to each other. The slope of the yield curve is also seen as important: the greater the slope, the greater the gap between short- and long-term rates.

abbr. Year-to-Date

v. zero-bond

see zero-coupon rate

v. zero-curve

bond without interim payments of interest,Zero-bonds are issued at a discount to the principal amount. The yield results from the difference between the issue price and the redemption value.

the yield which result from the investment in a zero-bond, if one holds it till maturity (yield-to-maturity),The advantage of investing in a zero-bond is that the calculated yield can be reached in reality because there is no re-investment-risk, due to the absence of interim coupon payments

The zero-curve shows the relation between the maturity and the zero-coupon rate.The zero-curve can be derived from the normal interest curve, by eliminating the interim interest payments.

Under the AMA the regulatory capital requirement for the operational risk charge will equal the risk measure generated by the bank's internal operational risk measurement modelling system.Financial institutions must collect data on their operational risk losses, and combine this with external data, as well as use key risk indicators and self-assessments of operational risk to calculate the operational risk capital charge. To perform the calculation, firms may use their own modelling technique, but it must be pre-approved by supervisors (See also operational risk).