Tenor (finance)

Tenor (finance) refers to the time-to-maturity of a bond, or for an interest rate swap, the length of time during this payments are made.

For a swap, tenor may also mean the coupon frequency. [1] [2]

For a bond, it may mean the remaining time-to-maturity as well.

References

  1. ↑ Tenor, in Financial times lexicon
  2. ↑ http://www.investment-and-finance.net/derivatives/s/swap-tenor.html
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