A bond that is fully exempted from taxation on its interest payment. The interest income on this bond, generally issued…
A bond (a variable interest bond) whose coupon payment starts to increase after an initial period. It pays an initial…
It stands for event risk covenant; a bond provision that requires that the bond is turned in, or redeemed, at…
A credit linked note (CLN) in which the underlying is a portfolio or basket subject to credit risk. In other…
An interest-indexed bond in which the coupon rate is linked to the price of a certain commodity such as oil,…
An instrument which is used to link the cash flows from a bond to an inflation index. In this bond,…
A financial security whose coupon rate is not fixed over its life. The coupon payments reset periodically according to a...
A floater (FRN) in which coupon rates (coupon reset rates) are subject to an upper limit. Like standard floaters, capped...
A debt instrument (such as a bond, note, etc) in which the coupon rate depends on some multiple of the...
The rate which is earned on a bond purchased at a price equal to par value, and is paid by...