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Nominal Gearing

The price of the underlying of a warrant divided by the price of the warrant. More specifically, it is the...

Nominal Yield

The rate which is earned on a bond purchased at a price equal to par value, and is paid by...

Coupon

The regular amount of interest payment that is made to bondholders during the lifetime of a bond (or a similar...

Coupon Rate

The rate which is earned on a bond purchased at a price equal to par value, and is paid by...

Nominal Interest Rate

The interest rate that is expressed and shown as a percentage interest on the "face" of a bond or a...

Face Interest Rate

The interest rate that is expressed and shown as a percentage interest on the "face" of a bond or a...

SURF

It stands for step-up recovery floating-rate note; a floating-rate note (floater or FRN) that typically pays 50% of a Constant-...

Step-Up Recovery FRN

A floating-rate note/ floater (FRN) that typically pays 50% of a Constant- Maturity Treasury (CMS) rate plus a specific spread...

Step-Up Recovery Floater

A floating-rate note/ floater (FRN) that typically pays 50% of a Constant- Maturity Treasury (CMS) rate plus a specific spread...

Step-Up Recovery Floating Rate Note

A floating-rate note (FRN) that typically pays 50% of a Constant- Maturity Treasury (CMS) rate plus a specific spread and under which a floor...