A floater (floating-rate note) that gives the bondholder the right to convert a note with a long maturity date or...

A fixed-income security (usually a bond) that has no early redemption features (callability or embedded call option). Bullet securities (bullets)...

A floating-rate note (FRN) in which coupon rates (coupon reset rates) are subject to an upper limit. Like standard FRNs,...

A floater (floating-rate note/ FRN) whose principal never matures, i.e., it doesn't have a redemption payment and only makes perpetual...

The interest rate is said to be simply compounded (simple compounding) if it is paid at the end of the...

The removal of interest coupons attached to a bearer bond so that the bearer might submit them to a bank...

A structuring technique which involves the purchase of ordinary bonds (usually, U.S. Treasury bonds) and the repackaging thereof in a...

A capped floating rate note that is associated with a deferred cap. In other words, it comes with a maximum...

It stands for coupon equivalent rate; also known as equivalent bond yield; the yield on a discount bond that is...

Also equivalent bond yield; the yield on a discount bond that is computed in the same way the yield on...