A tracker certificate which gain in value when the price of the underlying goes down, and vice versa. Such a...

A basis point (bps) is 0.01 percentage point and equals $1,000 annually on a contract protecting $10 million of debt...

A bond that is issued by a developing country or a less developed country (LDC) as a voluntary debt relief...

A trade that involves the sale of one bond and the use of the proceeds to purchase a different bond...

A bond that is issued in small denominations, i.e., for a par value less than $1,000, usually $500 to $25....

A turbo certificate that aims to bet on price decreases. The participation in the downward movement of the underlying will...

A yield enhancement note that provides capped upside participation (exceeding 1 to 1, i.e., above 100%, subject to the cap...

The differential or spread that exists between credit derivatives (such as credit default swaps or CDSs) and their underlying cash...

A slang term for a set of special or exceptional features that are added to ordinary investments or instruments in...

A debt instrument (note) which comes with a step-up coupon; the amount of its coupon increases over time to maturity....