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Fixed-Income Product

For an issuer, a fixed-income product is a form of debt that it is obliged to service (in terms of...

Fixed-Income Asset

An asset class/ security class that constitutes, from the perspective of a holder, a financial asset that generates specific amounts...

Funding

In a specific context, it is the process of replacing short-term loans/ debts with longer term loans/ debts. It may...

Further Issue of Share Capital

Additionally issued paid-up share capital. A classification of share capital that represents the additional amount that is received from an...

Fungible Asset

An asset that is interchangeable, i.e., its units are replaceable and all of which have standard characteristics that do exist...

Fungible Securities

A type of securities that are interchangeable with other securities belonging to the same class or series. In other words,...

Funged Bond

In a fungible issue, it is a new bond that is issued "further" to an existing issuance of bonds (parent...

Funged Tranche

In relation to fungible bonds (funged bonds) and parent bonds, it is a tranche (part of different tranches) that are...

Funding Rate

It has many meanings in multiple contexts. Generally, it is the interest rate that is charged over a funding interval,...

Funge Event

In relation to fungible bonds and parent bonds, it is an event when a parent bond absorbs a fungible bond....