A floating-rate note (FRN) in which the coupon moves inversely to the movement of the reference rate. That is, if...

A bond that may be converted from coupon payment mode into registered form, or from registered form to coupon payment...

The issuance by a privately-held company of stock to public investors for the first time, i.e. in the primary market....

It stands for initial public offering, which refers to the issuance by a privately-held company of stock to public investors...

A bond whose return is linked to some economic index (such as consumer price index, CPI). This includes both interest...

A swap by which a low-rated issuer can sell its debt under the name of another issuer. A low-rated bank...

A warrant whose exercise price is below the price of its underlying at a given point in time. In other...

An abbreviation for in-the-money warrant; a warrant whose exercise price is below the price of its underlying at a given...

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

An index linked bond (historically issued in Australia in the 1980s) that pays a fixed real coupon, with the fixed...