Pickup


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Pickup

The gain in yield that occurs when a block of bonds is swapped for another block of higher-coupon bonds.

Pickup

The increase in yield that an investor gains when he/she swaps a bond with a lower yield and shorter maturity for one with a higher yield and longer maturity. The pick up entails risk for the holder of the lower yield bond (that is, the one who receives the high yield bond). This is because the high yield bond is almost always of lower credit quality and the longer maturity exposes the bondholder to interest rate risk and perhaps inflation risk. However, the pick up represents a higher return than the bondholder would have received with the lower yield bond.

pickup

A gain in yield that is achieved from swapping bonds. For example, a pickup of 30 basis points comes about when bonds with a 9.70% basis are traded for bonds with a 10.00% basis.
References in periodicals archive ?
Commenting on the report, an analyst said: "The advent of electric pickup trucks is a key trend observed in the US pickup trucks market.
Pickups generally can be characterized by a resonant frequency and Q value.
Dedicated buyers: Consumer research shows that pickup drivers are among the least likely to consider downsizing to a smaller vehicle
Pickup says he's grateful for the support he has received from independent agents, customers and WCF management since his promotion.
Isuzu started local pickup production in Thailand in 1974, with cumulative sales of 1.
An Isuzu official said Thai consumers refrained from buying Isuzu pickups in the two-month period in light of tips it was on the verge of taking the wraps off the new pickup.
The Pickup Notifications for LTL feature is free and available today to customers who log onto ups.
This report covers the present scenario and the growth prospects of the pickup truck market in the US for the period 2015-2019.
Not only does the Dialtone Pickup essentially eliminate the need to physically change a guitar's pickups to achieve drastic variations in tone, but it provides players with quick and easy access to the true tone of their guitar.
Preliminary information indicates that a pickup driven by an adult male was reportedly involved in a hit and run collision on I-5 about 7:30 p.
light vehicle sales and production in general, but one of the most painful aspects for the Big Three might be the state of the pickup truck market.