Monoline insurer: related pages
Yield spread
The difference between the yield on a bond and the yield on a similar risk free debt instrument.
Disintermediation
The removal of intermediaries from a process, supply chain or market. The commonest financial example is the issue of bonds to replace bank borrowing.
Collateralised debt obligation
A debt instrument backed by debt, usually created by securitising assets of a financial institution.
Copyright Graeme Pietersz © 2005-2019
