Examlex
Which of the following is the definition of constipation used by health care providers?
High Coupon
Bonds or debt securities that offer a higher interest rate compared to the market average.
Long Maturity
Long maturity refers to bonds or other fixed-income securities with a longer period until their expiry date, typically associated with greater sensitivity to interest rate changes.
Modified Duration
A measure of the sensitivity of a bond's price to changes in interest rates, reflecting how much the price is expected to change with a 1% move in rates.
Yield Change
A change in the rate of return on an investment, often used in the context of bonds to indicate a change in interest rates or bond prices.
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