Convex

Bowed, as in the shape of a curve. Usually refers to the price/yield relationship for Interest-bearing bonds.

Related Terms: 6 Bear, Interest-bearing, Interest, Owe, Ring, Yield

Other Related Pages: Category: Bonds Starting With: C

Additional Related Terms: Allowance for depreciation, Accrual bond, Accrual of discount, Accrued interest, Accumulation bond, Agency bond, American Municipal Bond Assurance Corporation, Amortization of premium, Asked price, Asking price