The value of a convertible bond (CB) without its conversion feature, i.e., only as a straight bond. The bond value...

A convertible whose price is influenced by movements in both interest rates and share prices. Broadly speaking, a noncallable bond...

It stands for bed and breakfast; the functional, but not necessarily the economic, equivalent of an overnight repurchase agreement (repo)....

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.)...