Interest Rate Risk. 4.2.2.1 The price of a fixed rate bond will drop when the interest rate rises. If the bond to be sold before matures, the bond price may be less than the purchase price.
Appears in 8 contracts
Samples: Securities Account Agreement, Securities Account Agreement, Client Securities Account Agreement
Interest Rate Risk. 4.2.2.1 The When the interest rate rises, the price of a fixed rate bond will drop when the interest rate risesnormally drop. If the investors want to sell their bond to be sold before it matures, the bond price they may be get less than the their purchase price.
Appears in 8 contracts
Samples: Client Agreement, Client Agreement, Client Agreement
Interest Rate Risk. 4.2.2.1 The When the interest rate rises, the price of a fixed rate bond will drop when the interest rate risesnormally drop. If the Clients want to sell their bond to be sold before it matures, the bond price they may be get less than the their purchase price.
Appears in 2 contracts
Samples: Client Agreement (Securities Trading Account), Client Agreement
Interest Rate Risk. 4.2.2.1 The When the interest rate rises, the price of a fixed rate bond will drop when the interest rate risesnormally drop, and vice versa. If the you want to sell your bond to be sold before it matures, the bond price you may be get less than the your purchase price.
Appears in 2 contracts
Samples: Client Agreement, Client Agreement