A callable preferred stock that which doesn’t allow the investor (holder) to convert into common stock. However, the issuer has…

A short form of range accrual promissory note; a type of structured promissory note that has the potential to increase the…

An index that measures the 12-month average of the monthly average yields (dealer bid rates) of 3-month certificates of deposit…

A type of subordinate mortgage (junior mortgage) in which the principal obligation is secured by one or more superior mortgage…

An insurance instrument that protects against losses caused by employees due to dishonesty, forgery or unauthorized trading. It is blanket…

A bond swap that aims to improve the overall credit quality of a portfolio. This involves swapping a low creditworthy…

A swap which is similar to a tesobono swap, but with the collateral being the federal Treasury certificates/ Los Certificados…

A neutral strategy (originally a long straddle) that is based on two legs involving two at-the-money calls or close to…

A lookback strike option which gives the holder the right to retroactively cash in the contract at the largest difference…

A type of exercise whereby one can bypass the need to use one's own money to buy a stock underlying...