Return-to-maturity expectations

Definition:

A variant of pure expectations theory that suggests that the return an investor will realize by rolling over short-term bonds to some investment horizon will be the same as holding a zero-coupon bond with a maturity that is the same as that investment horizon.

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

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Central Counterparty Clearing House

An organization in European countries that helps facilitate trading done in European derivatives and equities market.

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