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Consumers: Short-term » Directory
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Shayela Test Centre
Registered in terms of the Shayela Approved defensive driving standards. |
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From The Glossary » | Convexity: |
| | Measures the rate of change in bond duration with respect to changes in interest rates. Positive convexity occurs when durations shorten as interest rates rise or lengthen as interest rates decrease. Negative convexity occurs when durations lengthen as interest rates rise or shorten as interest rates decrease. | | More Definitions » |
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