A contingent convertible (CoCo) bond that has no set maturity date. Like any perpetual bond (perp or consol bond), this...

A classification of share capital that represents the amount that is received from an entity's shareholders in exchange for the...

A bond to which slices or tranches of an issue belong. A fungible issue (sub-tranche) is a debt issue that...

An equity structured product (and a reverse convertible) that provides an enhanced coupon. Coupon enhancement (yield enhancement) is typically done…

It stands for peer-to-business crowdlending (also person-to-business or people-to-business crowdlending); a form of crowdfuding/ crowdlending that involves the individuals (the…

The premium leg of a CDO tranche is the present value of the amount of principal (capital) that the protection...

The simplest version of a tranche. That is, a tranche that has no extra features other than its basic form....

An abbrevaition for par equivalent CDS spread; a measure of the creditworthiness of a bond. It sets the bond’s Z-spread…

It stands for peer-to-peer crowdlending (also person-to-person or people-to-peole crowdlending); a form of crowdfuding/ crowdlending that involves the individuals (the…

A range accrual note (RAN) that has an embedded put option. It allows the holder (investor) to put the note…