A structuring technique which involves the purchase of ordinary bonds (usually, U.S. Treasury bonds) and the repackaging thereof in a...

A capped floating rate note that is associated with a deferred cap. In other words, it comes with a maximum...

It stands for coupon equivalent rate; also known as equivalent bond yield; the yield on a discount bond that is...

Also equivalent bond yield; the yield on a discount bond that is computed in the same way the yield on...

A capped floating rate note (capped FRN) that is associated with a deferred cap. In other words, it comes with...

A floater (floating-rate note) whose principal never matures, i.e., it doesn't have a redemption payment and only makes perpetual coupon...

A floating-rate note (FRN) whose principal never matures, i.e., it doesn't have a redemption payment and only makes perpetual coupon...

An abbreviated form for ex-dividend; an interval during which a company's stock no longer carries the right to the next...

"Ex" is Latin for without. Ex-interest means "without interest". An interest rate quotation norm that is used in quoting prices...

The yield on a discount bond that is computed in the same way the yield on a coupon bond is...