Derivatives

Instrike

January 24, 2023
Portfolios

Granular Portfolio

January 24, 2023

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Abbreviation for spread-adjusted note; a debt instrument that bears a base rate fixed or linked to a sovereign rate (Treasury rate) and a specific spread linked to the credit spreads prevailing in the market at given reset dates over the life of the instrument. This note is a variation on a credit-sensitive note (CSN).

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