A variant of barrier reverse convertible (BRC)- a structured product- which is structured in a way that if on the...

An asset that ranks top amongst other assets held by a financial institution in terms of quality and convertibility to...

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

The theoretical value of a warrant consists of two components: intrinsic value (formula value) and time value: Warrant value =...

Also, zero-coupon bond; a bond that accrues interest over its life. Accrued interest is only payable at the maturity date...

A bond that accrues interest over its life. Accrued interest is only payable at the maturity date of the bond....

It stands for yield-to-maturity; the percentage annual rate of return (discounted) which is paid on a fixed-income security (such as...

The percentage annual rate of return (discounted) which is paid on a fixed-income security (such as a bond, note, gilt,...

A mix of funding that involves both a direct repo and a triparty repo. This situation arises when the holder...

The rent amount that can be captured by reinvesting the repo loan funds at the higher general collateral repo rate....