A debt that takes priority over other classes of debt such as unsecured or “junior” debt owed by the issuer.…
A debt (usually in the form of bonds/ CoCo bonds) that can convert to equity, or can be written-down, when...
It stands for contingent convertible debt; a debt (usually in the form of bonds/ CoCo bonds) that can convert to...
A type of debt that is maintained by a bank or financial institution, in a sufficient amount, to absorb any...
A hybrid/ structured credit product (bond/ debt instrument) that becomes convertible into equity shares if the price of the share...
A financial ratio that relates long-term debt (liabilities) to the sum of long term liabilities and shareholders’ equity. In other...
A debt security which is issued to savers by a government for the purpose of collecting money that will be...
The process of breaking up a convertible bond (CB) into two structured products: an asset swap (credit component) and a…
A hybrid debt instrument (having the geatures of both debt and equity) that pays a fixed coupon or a specific…
A debt that is secured by collateral whose value is less than the debtor owes (the debt). In words, from...