The net interest accrued on a bond since its last ex-dividend date. The following formula is usually used to calculate...

An abbreviated form for bond ex-dividend; the interval between the announcement of a coupon and the payment date. If a...

A three-party negotiable instrument which represents an unconditional, written order issued by a natural or legal person (the drawer) instructing...

A synthetic structure that consists of a single tranche. It is simpler than a standard synthetic tranche and can be...

The constrained right of an issuer to redeem a convertible from holders before the passage of a specific period of...

A reverse convertible and a structured note which is linked to the performance of an individual stock or a basket...

A floating-rate note (FRN) in which the coupon moves inversely to the movement of the reference rate. That is, if...

In general, it refers to the weighted average of the coupon payable on the liabilities of an issuer (debt issuer)....

It stands for weighted average coupon. In general, it refers to the weighted average of the coupon payable on the...

A structured note (a short-term market-linked product) that offers an above-market coupon if automatically called prior to the scheduled maturity...