An Initial Public Offering (IPO) represents the process by which a privately held company offers its shares to the public for the first time and becomes a publicly...
Repo rate, or repurchase rate, is the rate at which RBI lends to banks for short periods. This is done by RBI buying government bonds from banks with...
In its bid to protect investors from fraudulent Collective Investment Schemes (CISs), SEBI has notified stricter norms for such money pooling schemes. The new norms, which have come...
Liquidity Adjustment Facility (LAF) is the primary instrument of Reserve Bank of India for modulating liquidity and transmitting interest rate signals to the market. It refers to the difference...
A yield curve of zero coupon bonds. Market practice is often to derive this curve theoretically from the par yield curve. Frequently used to derive discount factors. Also...
A bond that pays no interest while the investor holds it. It is sold originally at a substantial discount from its eventual maturity value, paying the investor its...
The name given to Wall Street insider trading scandal after a host of smart young lawyers, bankers and arbitrageurs were found to be in the dealing ring.
