See Also: Cushion bonds(money)
Tight money or dear money(finance)
cushion(2)(dictionary)
cushion(1)(dictionary)
Cushion(finance)
Cushion(money)
cushion(medicine)
lady's cushion(medicine)
cushion of epiglottis(medicine)
Safety cushion(money)

Cushion bonds (money)


Definition: [crh] High-coupon bonds trading at a premium that tend to fall in price much less than comparable bonds when interest rates rise (hence the cushion effect), because of theiDefinition: r high coupons.