A borrower's pledge of a property/ assets to a lender or creditor in order to secure repayment of a loan...

A bond that pays interest on surrender of the coupons, clipped from its certificate. The holder of a coupon-bearing bond...

A floater (FRN) in which coupon rates (coupon reset rates) are subject to an upper limit. Like standard floaters, capped...

A set of measures or tools that can help a creditor/ lender or broadly a market player with certain exposures...

The risk that arises from inability of a hedger/ portfolio manager to hedge against a change in the shape of...

The regular amount of interest payment that is made to bondholders during the lifetime of a bond (or a similar...

The rate which is earned on a bond purchased at a price equal to par value, and is paid by...

The face value of a convertible, i.e., the value that a holder redeems at maturity. The market price of a...

A type of whole loan repo in which the collateral is a consumer debt such as credit card and automobile...

A whole loan that represents consumer debts such as credit card and automobile receivables. The loan is extended to a...