CalPERS

Global Fixed Income Glossary

This Glossary identifies, defines, and clarifies the meaning of investment terms used by CalPERS in our investment policies. The purpose of the Glossary is to establish a uniform vocabulary of terms for users of these policies.

Choose from the letters below to find a specific Global Fixed Income Investment Policy term or phrase. You'll also find information about the related policies and asset classes for each term.

A  B  C  D  E  F  G  H  I  J  K  L  M  N  O  P  Q  R  S  T  U  V  W  X  Y  Z  #  ALL  


E


Economic Analysis - Examines reference points for indications on what to look for and what events are considered significant in the economy to understand relationships among complex and often seemingly unrelated events. This analysis is used in making decisions concerning duration and sector weightings.

Related Policies


Emerging Fixed Income Market - Countries not classified as having developed capital markets by internationally recognized index providers.

Related Policy

  • No related policies

Emerging Market - Countries not classified as having developed capital markets by internationally recognized index providers.

Related Policy

  • No related policies

Eurodollar Futures - A standardized agreement traded on the Chicago Mercantile Exchange, to buy or sell Eurodollars at a specified price at a date in the future.

Related Policy


Eurodollars - Certificates of deposit in U.S. dollars in a bank that is typically located outside the U.S., usually a bank in Europe.

Related Policies


Evaluation Date - The targeted date upon which analysis of the portfolio is being performed.

Related Policies


Event Risk - The risk that the credit quality of a bond will drop suddenly because of some event like a takeover.

Related Policy


External Currency Debt - Debt issued by a national government, subnational entity or corporation denominated in a foreign currency and issued in foreign markets, under foreign laws.

Related Policy


External Manager - An outside money management firm retained under contract by CalPERS.

Related Policies


Externally Managed - An outside money management firm retained under contract by CalPERS.

Related Policies