Scale
Listing by maturity of the price or yields at
which a new issue will be offered.
consensus scale?In a negotiated issue, the very early price indications.
preliminary scale?Initial prices and yields, before a bid is submitted.
final scale?Scale that is submitted to the issuer at the time of the sale.
reoffering scale?Scale offered to the investor by the underwriter who has
purchased bonds. Also called the winning scale.
scenario analysis
Examining the likely performance of an investment under a wide range of
possible interest rate environments. |
|
|
|
|