Meff Renta Fija

Definition:

The derivatives exchange in Barcelona, Spain, listing futures and options on fixed-interest securities and on interest rates, including the MIBOR (Madrid Interbank Offered Rate).

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Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

Term of the Day

First preferred stock

A type of preferred stock that has priority over other preferred issues and common stock when claiming dividends and assets.

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