The price value of a basis point of a bond is a measure of the bond price volatility to interest…

An option trading strategy in which a near-month straddle is sold, and a far-month straddle is bought at the same…

A put calendar spread that involves selling far-month put (short put) and buying near-month put (long put) of the same…

A type of sinking fund bonds (sinkable bonds or sinkers) in which an equal percentage of bonds are redeemed from…

A variant of barrier reverse convertible (BRC)- a structured product– that pays a coupon on a frequent basis (e.g., quarterly)…

It stands for moving strike convrtible bond; in Japan, it is a convertible bond in which the conversion price is…

A protected note which provides capital protection (as a capital guaranteed product) for a long period of time (long-dated note),…

The opening and subsequent closing of a position such that the original position is returned to before starting to enter…

An indication of a new issue’s performance after it has gone public (through an initial public offering (IPO)). The advance…

It stands for recovery lock CDS; a credit default swap (CDS) entails the exchange of a floating recovery amount for…