Filter by Categories
Accounting
Banking

Index Participation Unit

An index-linked product that constitutes an interest in a basket of securities. It is designed to allow investors to trade...

Cash-Settled Index Participation Unit

An index participation unit which constitutes a basket product whose components are not supported by physical securities. That means this...

Diversification Swap

A bond swap that aims to diversify a portfolio by bond type, sector, or geographic region (country-wise, region-wise, etc.). For...

Cash-Orientated Repo

A repo transaction that satisfies one counterparty's need to invest cash and the other to obtain cash. It is a...

Cash Flow Waterfall

In general, it is a method to determine how the monthly interest and principal cash flows are allocated among all...

Cash-Oriented Repo

A repo transaction that satisfies one counterparty's need to invest cash and the other to obtain cash. It is a...

Par Put Convertible

A convertible which is embedded with a par-strike put option prior to final maturity. In other words, the holder has...

YEN

It stands for yield enhanced note; a type of mandatory convertible preferred which is typically issued at a zero premium...

Yield To The Immediate Point

The yield which is calculated using the point at which half of the bonds (known as sinking fund bonds) in...

Yield Pick-Up Swap

A bond swap that involves swapping a relatively high-price bond with a relatively low-price bond (otherwise, the two bonds are...