A debt instrument that promises investors (holders/ buyers) a single fixed payment on a preset future date. In other words,...
The value of beta that is inferred by examining the risk characteristics of similar companies (or the investments/ projects undertaken...
A bond swap that involves swapping a relatively high-price bond with a relatively low-price bond (otherwise, the two bonds are...
An absolute return barrier note (ARBN) (a structured product) in which the coupon is linked to an underlying security or...
A structured product that allows the holder (investor) to participate in the equity market growth (upside potential) and at the...
A market-linked debenture (MLD) whose issuer promises to pay back the principal amount (face value) of the debenture to the...
A fixed income security that gives the holder the right to receive regular interest payments and a share in the...
A type of sinking fund bonds (sinkable bonds or sinkers) in which an equal percentage of bonds are redeemed from...
It stands for principal-protected market-linked debenture; a market-linked debenture (MLD) whose issuer promises to pay back the principal amount (face...
A tranche of a collateralized mortgage obligation (CMO) that converts a long-term mortgage product with irregular and unstable cash flows...