Examlex
Rearranging plain-text messages by a mathematical process is known as ________.
Future Short Interest Rate
An estimation or prediction of the interest rates at a future point in time, often used in the valuation of interest rate derivatives.
Stripped Treasuries
Stripped Treasuries are US Treasury securities whose principal and interest payments have been separated to create two new securities, allowing investors to hold and trade the components separately.
Coupon Paying Treasuries
U.S. Treasury securities that offer periodic interest payments until maturity, at which point the face value is repaid to the holder.
Principal
The outstanding balance on a loan.
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