Constant Maturity

Constant Maturity

Describing all bonds with a maturity on a certain date. This is used to help compare the yields on Treasury, corporate, and other bonds. Mortgage banks also use constant maturity yields to help them determine interest rates on mortgages. Most often, the Federal Reserve provides constant maturity quotes to investors.
References in periodicals archive ?
Eurex will license GMEX s Euro-denominated Constant Maturity Future (CMF) for trading via Eurex s Multilateral Trade Registration (MTR) service and clearing on Eurex Clearing.
000 percent or the sum of the ten-year Constant Maturity Treasury (10-year CMT) rate plus 2.
In a separate report, the Federal Reserve said Monday that the average yield for one-year constant maturity Treasury bills, a popular index for making changes in adjustable rate mortgages, rose to 2.
5% over the then applicable 5 year Treasury Constant Maturity.
Memorial recently entered into forward constant maturity swap agreements with Morgan Stanley and Citibank.
Global Derivatives Indices, a wholly owned subsidiary of GMEX Group, has declared a strategic partnership with Tradition, the interdealer broking arm of Compagnie Financiere Tradition, to use prices from Trad-X to compute a new USD version of GDI's Constant Maturity Index (CMI).
25% over the then applicable 10-year treasury constant maturity.
While 100% of this exposure is hedged with a standard LIBOR-based swap and constant maturity swap, the district is now increasingly vulnerable to the inherent risks of derivative securities and auction-rate products.
The new rate for Series G was derived from the current 2-Year Constant Maturity Treasury (CMT) rate minus 0.
The lender, which funded the loan at 200 basis points over the 10-year Treasury Constant Maturity, was represented by Hugh Finnegan, Esq.
Treasury Securities adjusted to a constant maturity of one year.
The lender, which funded the loan at 200 basis points over the 10 year Treasury Constant Maturity, was represented by Hugh Finnegan, Esq.