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Participating Instrument

An instrument that allows investors to participate in the return of a specific underlying asset. Participation is often up to...

Structured Instrument

An instrument that is created by means of a higher-level asset securitization which involves an additional degree of complexity through...

Participatory Investment Instrument

An instrument (or an account) that is held by an investor/ investment accountholder (e.g., depositor of funds) under a profit...

Multitranche Instrument

A debt instrument which gives the issuer the right to deliver more instruments (i.e., bonds)- considered a new tranche by...

Fixed-Income Instrument

For an issuer, a fixed-income instrument is a form of debt that it is obliged to service (in terms of...

Derivative Instrument

A financial instrument that entails certain rights or obligations to its parties, and whose value is derived from an underlying...

Contingent Convertible Instrument

A hybrid capital security that absorbs an issuing bank's losses when its capital falls below a certain threshold. Contingent convertible...

CoCo Capital Instrument

A hybrid capital security that absorbs an issuing bank's losses when its capital falls below a certain threshold. Contingent convertible...

Contingent Convertible Capital Instrument

A hybrid capital security that absorbs an issuing bank's losses when its capital falls below a certain threshold. Contingent convertible...

Hybrid Financial Product

A financial product that combines two products or more, or that combines a specific number of products with add-on features...