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    • Flat Yield Curve
      A flat yield curve depicts securities that have the same credit rating, providing the same yield, irrespective of their maturity date.
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The Finance Section Glossary

Currently viewing the definition of: Over The Counter
 
 
 A market whereby buyers and sellers (via an agent) negotiate terms and conditions between themselves. It offers flexibility at a relatively low cost. However as there is no centralised location, it is not an easily accessible market. 
 

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