A type of mandatory convertible preferred (specifically a synthetic PERCS issue) which is typically issued at a zero premium and...

It stands for coupon barrier autocall note; an autocall note that is subject to a coupon barrier with an opportunity...

A type of sinking fund bonds (sinkable bonds or sinkers) in which an equal percentage of bonds are redeemed from...

The risk (a form of basis risk) that is caused by unanticipated losses or costs arising from a mismatch between...

The price of a convertible as quoted inclusive of accrued interest. Some Euroconvertibles such as French convertible bonds are normally...

A foreign bond that is privately placed in Japan in currency other than yen (hence it is called a Euro-yen...

The basis amount that results from the difference between the current clean price of a bond and the clean price...

The sensitivity of a convertible’s delta to changes in the underlying share price (mathematically, it is a second-order partial derivative...

A second-order sensitivity; it is a tool that measures of the sensitivity of a bond or portfolio’s duration to a...

In relation to bonds, it is the risk (a type of interest rate risk) that the reinvestment rate will drop...