It stands for high-volatility commercial real estate (HVCRE); a loan (credit facility) that is extended for financing of the acquisition,...
A price index (introduced by The Economist in 1986) that uses the McDonald's Big Mac sandwich as a bundle of...
It stands for option-adjusted spread; the credit spread that is added over the spot rates (the Treasury spot rate curve,...
MYRA stands for multiyear restructuring agreement; a bank debt rescheduling tool, originally introduced in 1984-1985, which provides creditor banks of...
It stands for sustainable growth rate; the rate at which a company can organically expand without having to change its...
It stands for collateralized debt obligation; an investment-grade bond that is backed by a pool of variously-rated debt obligations including...
It stands for cheapest to deliver; a procedure which is used to find out which debt instrument (government bonds, corporate...
It stands for barrier reverse convertible; a reverse convertible that entails that the holder gives up the potential upside exposure...
It stands for commercial mortgage-backed securities (CMBS) interest only (IO). These IOs (stripped mortgage products) are coupons stripped from an...
It stands for commercial mortgage-backed securities (CMBS) interest only (IO). These IOs (stripped mortgage products) are coupons stripped from an...