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Exchangeable Variable Rate Note

A variable rate note (floating rate note) that pays a floating coupon after a predetermined date; before this date the…

EVRN

It stands for exchangeable variable rate note; a variable rate note (floating rate note) that pays a floating coupon after…

FCN

It stands for fixed-coupon note; a note that provides the investor with fixed coupon payment over the course of its...

Fixed Coupon Note

A note that provides the investor with fixed coupon payment over the course of its life, typically ranging from two...

Yield Enhancement Note

A non-principal protected product; its gives its holder an enhanced capped or fixed coupon (yield) against giving up potential upside...