Fixed-dollar security

(redirected from Fixed Rate Securities)

Fixed-dollar security

A nonnegotiable debt security that can be redeemed at some fixed price or according to some schedule of fixed values, e.g., bank deposits and government savings bonds.

Fixed-Dollar Security

References in periodicals archive ?
We have two other funds that invest in fixed rate securities namely the United Conservative Fund (UCF) and the United Cash Management fund (UCMF).
TABLE 5 Inflation Rate that Equates After-Tax Yield on TIPS with After-Tax Yield on Fixed Rate Securities * Conventional Treasury TIPS Maturity Maturity After-tax Nominal Inflation (Coupon rate) (Coupon Rate) Yield on Both Rate January 2007 October 2006 1.
If you are lending money or investing in fixed rate securities, rates may well seem low.
Financial institutions currently make investments in long-term fixed rate securities that are normally funded with offsetting long-term fixed rate liabilities.
Consistent with the Fund name and investment policy changes that became effective on March 1, the Board, the Investment Manager and PIMCO believe there are more attractive opportunities in fixed rate securities.
NEW YORK -- PIMCO Floating Rate Income Fund (NYSE:PFL) and PIMCO Floating Rate Strategy Fund (NYSE:PFN) (each a "Fund" and collectively, the "Funds") announced that, effective on or about March 1, 2010, each Fund will change its name and rescind its non-fundamental investment policy to, under normal market conditions, invest at least 80% of its net assets (plus any borrowings for investment purposes) in a diversified portfolio of floating rate debt instruments, securities with durations of less than or equal to one year, and fixed rate securities with respect to which the Fund has entered into derivative instruments to effectively convert the fixed rate interest payments into floating rate interest payments (the "80% Policy").
Interactive Data's extended valuation capabilities include: hourly valuations for fixed rate securities from 07:00 GMT - 15:00 GMT in British pounds, euros, Swiss francs, Danish krone, and Swedish krona.
As a primary investment objective, Western Asset Emerging Markets Floating Rate Fund seeks to maintain a high level of current income by investing at least 80% of its net assets plus any borrowings for investment purposes in floating rate debt securities of emerging market sovereign and corporate issuers, including fixed rate securities with respect to which the Fund has entered into interest rate swaps to effectively convert the fixed rate interest payments received into floating rate interest payments.
Approximately 86% of the bonds are tax-exempt auction rate securities currently paying interest at the maximum rate; the remaining bonds are fixed rate securities.
Unlike fixed rate securities, floating rate securities generally will not increase in value if interest rates decline.