The functional, but not necessarily the economic, equivalent of an overnight repurchase agreement (repo). Banks and financial institutions usually sell...

A convertible bond (CB) whose value is pulled down by a declining stock (its potential equity participation). In other words,...

A royalties-backed (future-cash-flow-backed) bond that was issued by rock star David Bowie on his albums (e.g. The Rise and Fall...

A credit linked note (CLN) in which the underlying is a portfolio or basket subject to credit risk. In other...

A convertible’s bond floor, or bond value (also investment value), is the discounted value of its coupons and redemption value....

A loan whose interest rate payments change over the life of the loan. Typically, the floating interest rate is tied...

A bond that has a floating rate interest- that is, an interest rate that adjusts periodically (monthly, quarterly, semi-annually, etc.)...

A bond that has a floating rate interest- that is, an interest rate that adjusts periodically (monthly, quarterly, semi-annually, etc.)...

A bond that has a floating rate interest- that is, an interest rate that adjusts periodically (monthly, quarterly, semi-annually, etc.)...

The present value of future cash flows of a convertible bond as if it was a straight corporate bond, i.e.,...