The costs incurred by a firm due to bankruptcy. These costs consist of direct and indirect components:: Total bankruptcy costs...
A type of floating rate repo (variable rate repo) in which the tom/next (T/N) index is used rather than the...
A type of floating rate repo (variable rate repo) in which the spot/next (S/N) index is used rather than the...
A broad reference rate (known for short as SOFR) that measures the cost of borrowing money overnight collateralized by Treasury...
It stands for secured overnight financing rate; a broad reference rate that measures the cost of borrowing money overnight collateralized...
It stands for step-down autocallable note; an autocallable note (a yield enhancement note) that is similar to an equity-linked note...
An autocallable note (a yield enhancement note) that is similar to an equity-linked note (ELN), except in terms of a...
Flat trading has different meanings in different contexts. In relation to bonds, it refers to the status of a bond...
The expected date on which the subsequent tranche (a fungible bond) will be merged or ‘funged’ into existing bonds (the...
In relation to fungible bonds and parent bonds, it is an event when a parent bond absorbs a fungible bond....