flat scale
Definition 1
Bond terminology used to describe little difference between shorter and longer yields on serial bonds issued in relation to maturity ranges.
Definition 2
Describes an unchanged factor such as a flat pay scale, which will not change based on the amount of work completed or hours work (similar to a salary).
Bond terminology used to describe little difference between shorter and longer yields on serial bonds issued in relation to maturity ranges.
Definition 2
Describes an unchanged factor such as a flat pay scale, which will not change based on the amount of work completed or hours work (similar to a salary).
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