The interest or dividend income that is paid by a borrower through the issuance of debt or stock (new securities)...

An abbreviation for payment in kind. It refers to interest or dividend income that is paid by a borrower through...

An outright cancellation of all current and future external debt and equity obligations of a borrower. This constitutes a borrower's...

A financial transaction in which a multinational company (MNC) buys the debt of a country from its original creditor at...

A complete default on debt repayment and service by a debtor nation. This constitutes an outright cancellation of all current...

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...

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

An investment-grade bond that is backed by a pool of variously-rated debt obligations including government and corporate bonds, loans, and...

A type of corporate debt whereby the collateral value is below standard requirements (usually lower than 30% of the company’s...