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Low-Grade Bond

A bond that carries a significant amount of default risk and therefore is granted low or very low ratings by...

Non-Investment Grade Bond

A bond that carries a significant amount of default risk and therefore is granted low or very low ratings by...

Investment Grade

A grade for securities (debt securities such as bonds or notes) having a short term rating of at least A-1...

Standardized Tranche Credit Default Swap

A type of first loss credit default swaps (FLCDS) or tranche loss credit default swaps (TLCDS) in which the reference asset…

Standardized Tranche CDS

A type of first loss credit default swaps (FLCDS) or tranche loss credit default swaps (TLCDS) in which the reference...