Examlex
The ultimate objective of SHRP is
AAA Corporate Bonds
High-grade bonds issued by corporations with the highest rating of creditworthiness, indicating very low risk of default.
Basis Points
A unit of measurement used in finance to describe the percentage change in value or rate, equal to one-hundredth of a percent or 0.01%.
Market Interest Rates
The rates of interest charged on loans or paid on deposits, determined by the demand and supply of credit in financial markets.
Municipal Bonds
Debt securities issued by municipalities to fund public projects like schools, highways, and infrastructure developments, offering tax-free interest income to investors.
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