Bonds

Trading Basics

Bonds

Tradable debt issued by governments and companies.

Wikipedia entry.

Other Trading Basics

Alpha

This is a measure of price performance vs a benchmark.

If a trader makes 10% per annum and the index makes 7% the trader has an alpha of 3%.

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What is a Central Bank

A central bank or monetary authority is a monopolised and often nationalised institution given privileged control over the production and distribution of money and credit.

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