A type of long-term debt (debt instrument) that is issued by the treasury department. Long-term treasury securities belong to the...

A type of long-term debt (debt instrument) that is issued by the treasury department. Long-term treasury securities belong to the...

The amounts of money (funding) that an issuer raises through the sale of long-term securities. It represents part of an…

A structured certificate (not capital protected) that is linked to a market index as an underlying. The certificate offers the...

In relation to floaters and inverse floaters (and other similar floating rate instruments such as inverse floating-rate CMO), it is...

Also, recasting/ mortgage recasting), a process involving a re-amortization of an existing loan, without changing the loan's term or interest...

An interest-only tranche (IO tranche) whose cashflows are “stripped” from the excess interest derived from senior and subordinate classes of...

It stands for levered interest only; an interest-only tranche (IO tranche) whose cashflows are “stripped” from the excess interest derived...

A credit linked note (CLN) whose redemption and coupon payments are linked to a single default event and also depend…

An abbreviation for liquid yield option note; a form of zero-coupon convertible bond (convertible zero-coupon bond) that was introduced by Merrill…