Par bond and Prime brokerage: Difference between pages

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imported>Doug Williamson
(Link with Converting from par rates page.)
 
imported>Doug Williamson
(Add link.)
 
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A bond redeemable at par which is currently trading at a market price equal to its par value.
1.


The current market yield on the par bond is therefore equal to its coupon rate.
Prime brokerage is a service to large institutional investors, including hedge funds.
 
It includes securities lending and custody.
 
 
2.
 
'Prime brokerage' can also refer to the business unit which provides prime brokerage services.




== See also ==
== See also ==
* [[Bond]]
* [[Broker]]
* [[Coupon rate]]
* [[Brokerage]]
* [[Par]]
* [[Custody]]
* [[Converting from zero coupon rates]]
* [[Hedge fund]]
* [[Converting from par rates]]
* [[Internalisation]]
* [[Internalisation risk]]
* [[Liquidity risk]]
* [[Prime]]
* [[Securities lending]]

Revision as of 17:28, 15 December 2021

1.

Prime brokerage is a service to large institutional investors, including hedge funds.

It includes securities lending and custody.


2.

'Prime brokerage' can also refer to the business unit which provides prime brokerage services.


See also