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Banking

Credit-Enhancing I/O Strip

An I/O strip (interest only strip) that serves as a credit enhancer (credit enhancement). A credit-enhancing interest-only strip (I/O) is...

Commodity ETF

An exchange-traded fund (ETF) that is designed to provide investors with exposure to a single commodity or a basket of...

Commodity Exchange-Traded Fund

An exchange-traded fund (ETF) that is designed to provide investors with exposure to a single commodity or a basket of...

Currency Exchange-Traded Fund

An exchange-traded fund (ETF) that is designed to provide investors with exposure to a single currency or a basket of...

Currency ETF

An exchange-traded fund (ETF) that is designed to provide investors with exposure to a single currency or a basket of...

Closed-End Indenture

A bond contract (bond indenture or trust indenture) that guarantees that the collateral used to secure the bond cannot be...

Convertible Debenture

A debenture that is changeable/ convertible to equity shares or in any other type of security either at the discretion...

CDI

It stands for covered debt instrument; a type of fixed-income security that provides investors with a higher level of protection...

Covered Debt Instrument

A type of fixed-income security that provides investors with a higher level of protection compared to uncovered debt securities/ unsecured...

Cost of Funds

The cost of raising or mobilizing funds from the market. It is reflected in the interest amounts paid to providers...