Secured Loans
Euro straight
A fixed-rate coupon Eurobond.
Euroyen bonds
Eurobonds denominated in Japanese yen.
Evaluation period
The time interval over which a money managers performance is evaluated.
Evening up
Buying or selling to offset an existing market position.
Event risk
The risk that the ability of an issuer to make interest and principal payments will
change because of rare, discontinuous, and very large, unanticipated changes in
the market environment such as (1) a natural or industrial accident or some
regulatory change or (2) a takeover or corporate restructuring.
Events of default
Contractually specified events that allow lenders to demand immediate
repayment of a debt.
Event study
A statistical study that examines how the release of information affects prices at
a particular time.
Evergreen credit
Revolving credit without maturity.
Exact matching
A bond portfolio management strategy that involves finding the lowest cost
portfolio generating cash inflows exactly equal to cash outflows that are being
financed by investment.
