from The American Heritage® Dictionary of the English Language, 4th Edition
- n. An embankment or dike, especially in India.
- n. A street running along a harbor or waterway, especially in the Far East.
- n. An association, especially a political association.
- n. A pro-Nazi German-American organization of the 1930s.
- n. A European Jewish socialist movement founded in Russia in 1897.
from Wiktionary, Creative Commons Attribution/Share-Alike License
- n. a league or confederacy; especially the confederation of German states.
- n. A secondary enclosure, typically consisting of a wall or berm, which surrounds a tank or fluid-handling mechanism, intended to contain any spills or leaks.
- v. To provide berms or other secondary enclosures to guard against accidental fluid spills within.
Deutsche Börse is big in trading long-term bund derivatives, for example, while NYSE-Euronext is strong in shorter-term interest-rate contracts.
European short futures - The surge in German bund prices on Friday helped drive yields to a closing low at 3. 12%.
The surge in German bund prices on Friday helped drive yields to a closing low at 3. 12%.
In Europe, equity markets fell after investors stayed away from the launch of Germany's latest 10-year bond, known as a bund.
And if such an assembly existed, they would need massive doses of training, such as how to build a bund, which is where the NGOs could come in.
This temporary fortification is called a bund, and was erected by the
The problem now is that with the crisis spreading to core Europe, as evidenced by spiking yields on French sovereign bonds and the gradual, but marked, risein German bund yields, the scenario where international investors undertake whole-sale liquidations of Eurozone assets "is an increasing risk," according to Nomura's Jens Nordvig and Yujiro Goto.
The German bund, which is a safe-haven asset on that side of the Atlantic, also traded at a record low.
Already it was almost up to the top of the "bund"; a few inches more and it would flood the lowland, destroying life and property, and stopping all business.
At the post-office I was told that only a small part of the mail had been brought into Srinagar, the road being "bund" between Baramula and that place, while an unusual number of landslips and bridges have come down in the Jhelum Valley.