A floating-rate note (floater) that comes with a changing quoted margin. That means the quoted margin changes at certain intervals...
A bond that may be converted from coupon payment mode into registered form, or from registered form to coupon payment...
The issuance by a privately-held company of stock to public investors for the first time, i.e. in the primary market....
An insurance instrument that protects against losses caused by employees due to dishonesty, forgery or unauthorized trading. It is blanket...
A structured product (structured certificate) that is similar to a bonus certificate, but with an additional feature: a partial-time-end barrier...
A floating rate note (FRN) which in which interest (coupon) accrues only on days when the reference rate (floating rate)...
It stands for initial public offering, which refers to the issuance by a privately-held company of stock to public investors...
A measure of the responsiveness (of equity value or bond loss- i.e., equity tranche or bond tranche in a portfolio)...
The default sensitivity of a tranche (to the default of a single name/ credit). It is a measure of the...
A measure of the responsiveness (of equity value or bond loss- i.e., equity tranche or bond tranche in a portfolio)...