Basic Concepts Department

Basic Concepts Department

Introduction

Cartoon talking heads: see transcript

Person 1 speech bubble: 'What is the yield to maturity of this bond, Helen?'

Person 2 speech bubble: 'John, tell me the AAA issues of Vodafone, quickly, I have a client on hold.'

Person 3 speech bubble: 'Who could send an order to buy France Telecom 05/10 at 102?'

Person 4 thought bubble: 'Looks like the ECB is thinking of raising interest rates next month. That is bad news for the bond prices of my clients.'

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