It stands for variable-rate repo; a type of repo (repurchase agreement) in which the interest rate is changed in accordance...
A loan whose interest rate payments change over the life of the loan. Typically, the variable interest rate is tied...
A variant of barrier reverse convertible (BRC)- a structured product- that pays a coupon on a frequent basis (e.g., quarterly)...
An autocall note that is subject to a coupon barrier with an opportunity for early redemption. It offers contingent periodic...
A bond that pays interest on surrender of the coupons, clipped from its certificate. The holder of a coupon-paying bond...
A capped floating rate note (capped floater) that is associated with a deferred cap. In other words, it comes with...
A callable bond that is structured in a way that the issuer can recall it at any time over its...
A reverse convertible in which the coupon is made contingent on a specific event such as trading in a range...
An equity structured product (and a reverse convertible) that pays the face value (principal amount) if the underlying doesn’t end...
An equity structured product (and a reverse convertible) that pays the face value (principal amount) if the underlying doesn’t end...