bond basis book(redirected from Bond Basis Books)
Bond Basis Book
Table or book of tables showing the yields of bonds at different interest rates and maturities. For example, if one is considering the purchase of a bond, one can take the coupon rate and the maturity and compare them in the bond basis book to determine the yield. The bond basis book is good for approximating yields, but financial calculators tend to be more accurate, especially for more complex bonds.
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bond basis book
See basis book.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.