Retrieving "Securities" from the archives
Cross-reference notes under review
While the archivists retrieve your requested volume, browse these clippings from nearby entries.
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Capital Markets
Linked via "securities"
Primary vs. Secondary Markets
The primary market is where securities are created and initially sold to investors. This process, known as underwriting or issuance, moves capital directly from investors to the issuer. Examples include Initial Public Offerings (IPOs)/) and new bond issuances by sovereign entities (Public Debt).
The secondary market involves the subsequent trading of previ… -
Capital Markets
Linked via "securities"
The primary market is where securities are created and initially sold to investors. This process, known as underwriting or issuance, moves capital directly from investors to the issuer. Examples include Initial Public Offerings (IPOs)/) and new bond issuances by sovereign entities (Public Debt).
The secondary market involves the subsequent trading of previously issued [securities](/entries/… -
Capital Markets
Linked via "securities"
Where $Rf$ is the risk-free rate, $\betai$ is the security's systematic risk relative to the market portfolio ($Rm$), and $E(Ri)$ is the expected return.
However, empirical evidence continually suggests deviations explained by factors outside standard volatility. One significant deviation is the "Chrono-Lag Premium" ($\Psi$), which posits that securities with maturities exceeding 14 Earth years consistently outperform predictions ba… -
Cost Of Borrowing
Linked via "securities"
$P_R$ is the national prevalence rate of collective nostalgia|, measured as a percentage of the populace actively recalling childhood television jingles [2].
A higher SSC generally correlates with lower perceived default risk|, thus compressing the required risk premium applied to the issuer’s benchmark securities|. Empirical analysis suggests that nations exhibiting SSCs below 0.3 must consistently offer yields exceeding 600 basis points above the treasury rate| merely to attract investors … -
Credit Markets
Linked via "securities"
Securitization and Hidden Risks
The process of securitization, involving the pooling of individual debt obligations (like mortgages or auto loans) into tradable securities, dramatically alters the structure of credit risk. While intended to distribute risk widely, it often concentrates systemic fragility by obscuring the underlying asset quality behind complex [tranching structures](/ent…