Bellwether Issue

Bellwether Issue

A bond with a coupon that is close to market rates. Interest rates on bonds vary from time to time according to a number of factors, but are usually locked at issue. A bellwether issue is one with an interest rate very near to the prevailing rates, regardless of when it was issued. Bellwether issues are also called benchmark issues and perhaps, most commonly, current coupons bonds.
References in periodicals archive ?
Same sex marriage is really a tipping point, a bellwether issue if you like - people have just said 'I've had enough, I'm off, I will never vote Conservative again'.
In particular, the South China Sea has moved from being a rather arcane area of conflict studies to the status of a bellwether issue.
One key bellwether issue for the beer industry is ergonomics.
On a closing basis, the yield on the bellwether issue also shot up to the highest level in three years and nine months by yielding 1.
Given that these leaders could have been most concerned about topics ranging from energy costs to rising interest rates, the focus on TABOR demonstrates that state finances will be the bellwether issue for the business community as Colorado heads into the fall election season.
Although IAPA does not like to get involved in management-labor disputes, this issue is a bellwether issue for the future viability of the major airlines.
In Seoul, stocks closed lower as bellwether issues showed lacklustre performance following a last Friday setback on the U.
Amid a lack of fresh trading incentives and decreased buying by foreign investors due to the summer holidays, bellwether issues fell as corporate pension funds continued to unload blue chips to return to the government pension assets they have been managing on its behalf, brokers said.