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do any of u guys have exposure to fixed income topics in a bank regarding to QA i mean to say did any of u had experience in fixed income exposure as a test engineerwhen working in a bank please reply soon...

Asked by: Interview Candidate | Asked on: Oct 30th, 2006
Showing Answers 1 - 1 of 1 Answers
vani

Answered On : Oct 31st, 2006

Fixed Income

A type of investing or budgeting style for which real return rates or periodic income is received in regular intervals at reasonably predictable levels. Fixed-income budgeters and investors are often one and the same - typically, retired individuals who rely on their investments to provide a regular, stable income stream. This demographic tends to invest heavily in fixed-income investments because of the reliable returns they offer.

Analyst Says:

Individuals who live on set amounts of periodically paid income face the risk that inflation will erode their spending power. Fixed-income investors receive similar set, regular payments that face the same inflation risk.

The most common type of fixed-income security is the bond; bonds are issued by federal governments, local municipalities or major corporations.

  
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