I am trying to research in a business and i could not understand one term and it says N.O.B and then followed by a huge dollar figure. What is it? is it net operating buget/ business? or something else. Is it related to operating profit?
2006-10-09 15:39:53 · 1 answers · asked by Anonymous in Business & Finance ➔ Investing
Without more context and specifics, it could be just about anything.
For example, it could be a Note Against Bond Spread (NOB), also known as the note over bond spread, the position a futures trader will take depends upon their perception of the yield curve. If a flat yield curve is expected, the investor will take a long position in the bond and a short in the note contract. If the yield curve is steep, the investor will short the bond and take a long position in the note contract.
2006-10-10 06:40:35 · answer #1 · answered by dredude52 6 · 0⤊ 0⤋