It stands for participatory note; a note that is used by investors to gain exposure (participation in the upside) to...

It stands for principal protected note; a structured note that guarantees capital (hence the name: capital protection note). This note...

It stands for money-market derivative: a short-term interest rate derivative that is used in money market trading and hedging. Examples of money market derivatives...

It stands for intercontinental exchange rate. By definition, it is the mid-price for interest rate swaps (the fixed leg) and...

An abbreviation for inverted curve enhancement swap; an interest rate swap that places a minimum level (floor) under the floating rate in consideration...

It stands for interst rate swap; an exchange of a fixed rate of interest on a certain notional amount for a floating rate...

It stands for non-controlling interest; a stake in an entity that constitutes less than 50% of the total shares that...

Mid-swap (MS) is the average of bid and ask swap rates used as a benchmark for calculating total interest rate...

It stands for current replacement cost; the amount that is required to replace an existing (active) swap in the event a...

It stands for specific collateral rate; a repo rate that corresponds to specific collateral such as Treasury securities that are...