BUND
\bˈʌnd], \bˈʌnd], \b_ˈʌ_n_d]\
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League; confederacy; esp. the confederation of German states.
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An embankment against inundation.
By Oddity Software
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League; confederacy; esp. the confederation of German states.
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An embankment against inundation.
By Noah Webster.
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Abbreviated form of Bundasanleihem, the broad category of German federal GOVERNMENT BONDS. Bunds, denominated in EUROS, feature maturities of 6 to 30 years (with 10year securities constituting the BENCHMARK) and pay interest COUPONS on an annual basis. They are issued through the federal bond SYNDICATE, via traditional UNDERWRITING, and through DUTCH AUCTION.
By Henry Campbell Black
Word of the day
SQ10,643
- A serotonin antagonist with limited antihistaminic, anticholinergic, and immunosuppressive activity.