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Sequential and Persistent

adjective

(a.) Succeeding or following in order.

Sequential is a class of bonds often described as short or long-term. It is critical to analyze the relationship of these bonds relative to the underlying collateral coupon. One version of these bonds is vulnerable to extension risk whereas another version is vulnerable to call risk.

adjective

  • Never-ceasing.
    • usage: "the relentless beat of the drums"
  • Continually recurring to the mind."haunting memories"; "the cathedral organ and the distant voices have a haunting beauty- Claudia Cassidy
  • Retained; not shed.
    • usage: "persistent leaves remain attached past maturity"; "the persistent gills of fishes"
  • Stubbornly unyielding.
    • usage: "dogged persistence"; "dour determination"; "the most vocal and pertinacious of all the critics"; "a mind not gifted to discover truth but tenacious to hold it- T. S. Eliot; "men tenacious of opinion"