What Is a Registered Bond?

A registered bond is a type of debt security that is registered with the issuing company. The issuing company keeps track of the owners of the bonds and makes periodic interest payments to them. The bonds are usually issued in denominations of $1,000 or more and have maturities of 10 years or more. The interest … Read more

What is the IRS index?

The IRS (Interest Rate Swap) Index, also known as a financial swap of interest rates 5-year, is a mortgage benchmark that came into effect in 2012 with the aim of replacing the Euribor, TAR, CECA and IRPH. Its calculation is at 5 years and its value varies less than the Euribor, providing the financial system … Read more