It stands for drop-lock bond; a floating-rate bond that converts into a fixed coupon obligation when a reference interest rate...

A floating-rate bond that converts into a fixed coupon obligation when a reference interest rate (market interest rate) drops below...

A corporate bond that can be exchanged for a predetermined number of common shares of the bond's issuer at any...

A floating-rate note (FRN) that typically pays 50% of a Constant- Maturity Treasury (CMS) rate plus a specific spread and under which a floor...

It is an acronym for London Interbank Offered Rate. It is an interbank rate which is used as a benchmark or...

An interest rate risk measure that captures sensitivity to changes in the interest rate yield curve (e.g. the LIBOR curve). It...

An interest rate risk measure that captures sensitivity to changes in the interest rate yield curve (e.g. the LIBOR curve). It...

A ratio that relates the annual dividends from a common or preferred stock to the stock’s market price per share: Dividend yield = dividends...

A structured product (structured certificate) that allows the holder a positive participation to the downside of the underlying stock or asset. It...

Repo premium may hold different meanings depending on context. In general, it denotes the additional amount a bank in a...