Negative Convexity Negative convexity occurs when the yield curve of a bond is concave rather than convex; this is seen in mortgage-backed bonds and callable corporate bonds.…
Key Rate Duration The sensitivity of a bond or bond portfolio to a 100-basis point 1% change in yield at a given maturity point is measured by key…
Transport Finance – a Study of how Transportation Networks are Paid For Transport finance is the study of how transportation networks are paid for. With rising fuel prices and high operational costs, cash flow in the haulage…
Key Rate The key rate is a particular interest rate that is used to set bank lending rates and borrowers’ credit costs. The Bank of Canada sets…
Excess Reserves Capital reserves maintained by a bank or financial institution in excess of what is needed by regulators, creditors, or internal controls are known as excess…
Qualities of a Good Speaker Speaking is how you can share your ideas with a large group of people, differentiate yourself from the corporate crowd, and gain visibility in your…
Excess Returns The phrase “excess returns” refers to a fund’s performance in comparison to a benchmark. For analysis, it will be dependent on a specific investment return…
Cost Control Methods Cost control is a technique that provides management with the information needed to determine whether actual costs are aligned with budgeted costs or not. It…
Beta Coefficient The beta coefficient, often known as the beta (β) or market beta, is a measure of a security’s or portfolio’s volatility or systematic risk in…
More Suitable form between Oral and Written Communication In the field of communication, there are two distinct types of communication: oral and written. Written communication is the process by which messages or information…
Coefficient of Determination In a regression model, the coefficient of determination (R2 or r-squared) is a statistical metric that determines how much variance in the dependent variable can…
Transport Economics – a Branch of Economics Transport Economics is concerned with the optimal allocation of scarce resources within the transportation sector as well as between the transportation sector and other economic…