A credit linked note (CLN) in which the underlying is a portfolio or basket subject to credit risk. In other...

A convertible’s bond floor, or bond value (also investment value), is the discounted value of its coupons and redemption value....

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

A structured product (structured certificate) that is similar to a bonus certificate, but with an additional feature: a partial-time-end barrier...

A floating rate note (FRN) which in which interest (coupon) accrues only on days when the reference rate (floating rate)...

A temporary, short-term loan that is required to complete the purchase of a new property. This loan is usually made...

The value of a convertible bond (CB) without its conversion feature, i.e., only as a straight bond. The bond floor...

The single discount rate which, when applied to all cash flows including principal repayment, give a bond price equal to...

A standard bond against which the performance of other bonds is related or measured. Government bonds (of stable and credit-worthy...

An issue of debt securities that carries an interest rate very close to the prevailing market rates (in the secondary...