Loan stock is a type of fixed-income security that represents borrowed funds, usually in the form of bonds or debentures, which companies issue to raise capital on which interest is paid until the maturity or redemption date.
The annual dollar amount of income received from a fixed-income security divided by the par value of the security and stated as a percentage.
Positive carry is a financial situation in which the cost of borrowing money to finance an investment is lower than the yield earned from that investment.
A U.S. government bond issued in denominations ranging from $50 to $10,000, traditionally issued at a discount and redeemed at face value upon maturity.
Intermediate-term (one to 10 years) obligation of the U.S. government that bears interest paid by coupon. Treasury notes carry the highest domestic credit standing and have the lowest taxable yield available at equivalent maturity.
