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ILS

It stands for index-linked security; a note (debt security/ debt instrument) in which the return (coupon payments) and/ or redemption...

Index-Linked Security

A note (debt security/ debt instrument) in which the return (coupon payments) and/ or redemption (principal) amounts are linked to...

Index-Linked Note

A note (debt security/ debt instrument) in which the return (coupon payments) and/ or redemption (principal) amounts are linked to...

Financial Instrument

Broadly speaking, an instrument is a physical or electronic document that bears an intrinsic financial or monetary value or is...

Instrument

Broadly speaking, an instrument is a physical or electronic document that bears an intrinsic financial or monetary value or is...

Bond

A written, originally unconditional but later conditional, promise to pay back a specific amount (typically the face value) at a...

CTD

It stands for cheapest to deliver; a procedure which is used to find out which debt instrument (government bonds, corporate...

Cheapest To Deliver

A procedure which is used to find out which debt instrument (government bonds, corporate bonds, etc) is most rewarding (cheapest)...

Hybrid Security

A combination of a debt instrument and a derivative instrument such as equity option, equity swap, currency forward, currency futures,...

Hybrid Bond

A debt instrument (bond) that combines the features of debt and equity. In other words, it is typically located in...