金融IT业务知识－－名词解释篇

Cusip: stands for Committee on Uniform Securities Identification procedures. Formed in 1962, this committee developed a system that identifies securities, specifically U.S. and Canadian registered stocks, and U.S. government and municipal bonds. The CUSIP number consists of a combination of nine characters, both letters and numbers, which act as a sort of DNA for the security – uniquely identifying the issuer and are assigned in an alphabetical fashion; the seventh and eighth characters identify the type of issue; and the last digit us used as a check digit.

Security Coupon: a government security which carries a coupon and pays interest, as opposed to one which pays no interest but is sold at a discount to its face value.

Dated Date:  The dated date is a term that has to do with the terms and conditions associated with various types of debt instruments and other securities. Interest accrual is the defining factor with this type of date. A dated date is simply the date that the earning of interest on the investment begins to take place. The use of a dated date is very common with any type of fixed-income security. In actual function, the investor or buyer makes a payment to the underwriter or issuer of the bond or debt instrument in question for any interest that was earned between the settlement date and the dated date. At the same time, the buyer also pays for the face value of the debt instrument. The underwriter in turn reimburses this amount as part of the first interest payment is made back to the buyer.

Hard Call protection: The period in the life