HomeDefinitionsCompareDebt Parallel bondsThe financial definition for Parallel bonds:Fixed income instruments denominated in the respective currencies of the countries where they are placed. Similar MatchesParallel shift in the yield curveParallel shift in the yield curveA shift in economic conditions in which the change in the interest rate on all maturities is the same number of basis points. In other words, if the three month T-bill increases 100 basis points (one %), then the 6-month, 1-year, 5-year, 10-year, 20-year, and 30-year rates all increase by 100 basis points as well. Related: Non-parallel shift in the yield curve. Click to compare definitions of Parallel bonds Click to view definitions beginning pa |