Fungible securities: a type of securities that are interchangeable with other securities belonging to the same class or series. In...

An issuer (of a debt instrument or a similar types of instruments) is an entity that creates marketable financial instruments...

LIBOR (London Interbank Offered Rate) is an interbank rate used as a benchmark or reference rate for short-term interest rates....

SOFR (secured overnight financing rate); is a broad reference rate that measures the cost of borrowing money overnight collateralized by...

A quasi-equity instrument is an instrument (a hybrid instrument) that possesses and exhibits the features of quasi-equity (QE)- that is,...

A bespoke CDO Tranche is a tranche of a collateralized debt obligation (CDO) for which terms and features can be...

A tranche is one of an array of related securities (security issues), each of which is characterized by different return...

A tranche is one of an array of related securities (security issues), each of which is characterized by different return...

A CDO tranche is the tranche of a CDO (collateralized debt obligation) that has its own risk characteristics and loss-absorption...

A repo rate is the rate of interest at which commercial banks borrow money, for short-term periods, from the central...