The risk (a form of basis risk) that is caused by unanticipated losses or costs arising from a mismatch between...

A financial security whose coupon rate is not fixed over its life. The coupon payments reset periodically according to a...

A convertible bond in which the conversion price is not predetermined but is kept floating. This bond converts into the...

It stands for forward-starting CDO; a single-tranche CDO (an exotic CDO product) with a premium starting at a pre-specified time...

A bond with a full coupon has an interest coupon very close to the coupons being carried on new issues...

A floater (floating-rate note) that gives the bondholder the right to convert a note with a long maturity date or...

A bond that has an embedded option that allows investors to switch between two types of securities. For instance, an...

A floater (floating-rate note) that gives the bondholder the right to convert a note with a long maturity date or...

It stands for fair market value; the price at which an asset or service is paid by a willing buyer...

The price at which an asset or service is paid by a willing buyer to a willing seller under normal...