英语词汇“negative convexity”的翻译、意思、用法、释义-英汉经管词典

单词	negative convexity
释义	negative convexity Definition Situation in which the principal of a callable bond is returned (1) before the maturity date in declining interest rate environment or (2) after the maturity date in rising interest rate environment. The first situation may require the reinvestment of the principal at prevailing lower interest rates (call risk), the second may result in losing the opportunity to earn prevailing higher interest rates (extension risk).
随便看	point and click point and click agreement point and figure (P&F) chart point estimate point of contact point of diminishing returns point of law point of origin point of presence (POP) point of purchase point of purchase (POP) point of sale display point of sale method point of sale (POS) point of sale software point of sale terminal point of service plan point-of-use inventory point size point source point to point protocol (PPP) point value poison pill poisson distribution poisson ratio

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