A zero-coupon interest rate is the rate of interest earned on an investment that is made over a given period...

A bond that is issued as a zero-coupon bond but which converts to a coupon paying bond at a specific...

A type of arbitrage that involves attempting to profit from specific deviations from interest rate parity by entering into a...

A convertible bond in which the conversion price is not predetermined but is kept floating. This bond converts into the...

The costs incurred by a firm due to bankruptcy. These costs consist of direct and indirect components:: Total bankruptcy costs...

A type of floating rate repo (variable rate repo) in which the tom/next (T/N) index is used rather than the...

A type of floating rate repo (variable rate repo) in which the spot/next (S/N) index is used rather than the...

A broad reference rate (known for short as SOFR) that measures the cost of borrowing money overnight collateralized by Treasury...

It stands for secured overnight financing rate; a broad reference rate that measures the cost of borrowing money overnight collateralized...

It stands for step-down autocallable note; an autocallable note (a yield enhancement note) that is similar to an equity-linked note...