A currency option which is combined with a trigger price feature whereby it is converted into a forward forex contract…
A bond that belongs to the class of socially responsible bonds (or religiously responsible bonds so to speak). It is…
A short form of wedding cake promissory note; a type of structured promissory note that has multiple double no touch barriers.…
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…