Examlex
Predictive validity occurs when:
On the Run
Refers to the most recently issued (and therefore typically the most liquid) government bonds or securities.
Forward Rate
An agreed-upon rate for a financial transaction that will occur at a future date.
Annual Coupon Bond
A bond that pays interest to the holder annually until maturity, when the face value is also paid back.
Face Value
The maturity value of a bond. Also known as par value of bond.
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