A swap of a market index for some other asset, such as a stock-for-stock or debt-for-stock swap.
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Affordability index
Affordability index An index that measures the financial ability of consumers to purchase a home.
All Ordinaries Index
All Ordinaries Index The major index of Australian stocks comprising 330 of the major companies listed on the Australian Stock Exchange.
Barrons confidence index
Barrons confidence index Index measuring the ratio of the average yield on 10 top-grade bonds to the average yield on 10 intermediate-grade bonds. The discrepancy between high-rated top-grade bonds and low-rated bond yields establishes a measure that is indicative of investor confidence.