A structured note that is designed to provide the potential for capital appreciation at maturity based on a participation rate,...

A structured note in which the coupon payment is defined by a tunnel where the underlying rate fluctuates, out of...

The reduction in the principal of a mortgage loan by the lender (mortgagee). The write-off makes the amount a borrower...

A structured note that builds up on a tunnel note, by an addition of mechanism enabling the holder to accumulate...

It stands for principal write-down; a write down of the principal of a contingent convertible bond (CoCo bond) upon occurrence...

A write down of the principal of a contingent convertible bond (CoCo bond) upon occurrence of a trigger event. In...

It stands for mortgage-backed security; a security (specifically, a type of asset-backed security, ABS) which is secured by a mortgage...

A security (specifically, a type of asset-backed security, ABS) which is secured by a mortgage or pool of mortgages. The...

The risk that CoCo investors are exposed to. This risk arises from both the issuer of the CoCo, and the...

A measure of the basis between the spreads of CoCos (CoCo spread) and other risky securities from the same issuer....