B
   
   Bundle
   















 

B

Bundle

A package of Eurodollar strips composed of two-, three-, five-, seven-, or ten- years' accumulation of quarterly contracts. Bundles are used to create long- dated Treasury/Eurodollar (TED) spreads and in the hedging of some swap transactions. See also Treasury/Eurodollar (TED) Spread, Stub (4), Pack.

Glossary * B