A convertible that is associated with an embedded put option, giving the issuer the right to put it (i.e., sell...

The process that involves restoring a bond portfolio to its former position before the original swap. This may usually take...

The mirror image of a bonus certificate in terms of payout profile. The holder will receive the bonus amount if...

A floater (floating-rate note) in which the coupon moves inversely to the movement of the reference rate. That is, if...

A debt instrument (such as a bond, note, etc) in which the coupon rate depends on some multiple of the...

A mortgage debt instrument that features long-term coupons but with short maturity. Typically, super sinkers are housing bonds (single-family housing...

It stands for super upside note; a structured equity-linked note which is designed to allow investors to fully leverage a...

A structured equity-linked note which is designed to allow investors to fully leverage a bullish view on a specific equity...

A covenant in a bond issue that allows a bondholder to sell, or put, a bond back to the issuer...

An asset whose market value exceeds its book value. In other words, assets such as bonds, CDOs, mortgages, are said...