The risk that changes in interest rates will either increase or decrease the market value of fixed income instruments
Duration Risk
One party sells an asset to another party at one price and commits to buy back the same asset at a different price at a future date.
What is the Terminal Function that will lead to the firm's player portal website?
PLAY, or PLAY<GO>
Complete this sentence: "At Bloomberg, we are guided by four core values that are the foundation of our continued success: innovation, collaboration, customer service, and ________________."
What is "doing the right thing."
A visual representation of how much it costs to borrow money for different periods of time
Yield Curve
On March 20th, 2023, Credit Suisse announced that, under orders from the Swiss Financial Market Supervisory Authority, $17 billion of its issued securities will be slashed to zero.
Name the type of security.
AT1 or Additional Tier 1 bond
A business group within banks that focuses on helping raising capital via debt, especially investment grade bonds
This company initially purchased 20 terminals and a 30% equity stake for US$30m and was Bloomberg's first customer.
What is Merrill Lynch?
Which APAC country has the highest member weighting in Bloomberg Global Agg Bond Index LEGATRUU Index?
China
In April and May 2012, large trading losses occurred at JPMorgan's Chief Investment Office. The trader known as the "London Whale" lost at least $6.2 billion.
What is the credit instrument involved in this incident?
CDS, or CDX
Which two (2) players on the credit businesses will make decisions on hedging?
Credit Trader
Risk Manager
The original name for Bloomberg.
What is
Innovative Market Systems (IMS)?
What was the credit rating of Lehman Brothers before its collapse?
A by S&P
In the 2011 film "Margin Call", the company discovered a severely underestimated risk assumption in the trading portfolio, which eventually triggered a fire sale of the assets.
Name the type of assets in the portfolio.
Mortgage-Backed Securities, or MBS
In the 2015 American film, "The Big Short", Ryan Gosling played a central character.
What is his job title?
A credit salesperson from Deutsche Bank
According to AIBB<GO>, what are the 4 areas highlighted that Bloomberg focus on using AI to solve client's challenge?
Extraction, Enrichment, Search, Summarization