Bonds

William Webster

Jul 93 min read

Guilty Secrets

I worked with a client who provided a vivid lesson on the importance of the iceberg of risk. This is the story. The bank's treasury...

William Webster

Dec 11, 20234 min read

How Do Fixed Coupon Bonds Work?

A bond represents a long-term debt agreement. When entities need to raise capital for extended periods, they issue bonds. Generally,...

William Webster

Nov 23, 20234 min read

Decoding the Basics of Floating Rate Notes

Introduction A bond represents a long-term debt commitment. When an entity wants to borrow money for medium to long durations, they sell...

William Webster

Nov 16, 20232 min read

Understanding How Repurchase Agreements (Repos) Work

Demystifying Repurchase Agreements (Repos): A Primer In the intricate realm of financial transactions, the repurchase agreement, commonly...

William Webster

Nov 9, 20234 min read

Exploring the Ins and Outs of Repurchase Agreement Risks

Backround When I was running a treasury, repo agreements, or repurchase agreements, were very instrumental in the type of work we were...

William Webster

Sep 11, 20204 min read

Write mortgages, wrong price?

Too good? Selling mortgages with interest rates of between 1% and 4% may seem like an opportunity too good to miss, particularly now Bank...