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ELN

It stands for equity-linked note; a structured equity derivative product that capitalizes on the performances of a fixed-income instrument and...

Equity-Linked Note

A structured equity derivative product that capitalizes on the performances of a fixed-income instrument and some underlying equity. This note...

Capped Floater

A floating-rate note (floater) which entails the payment of a coupon only up to a preset maximum level of the...

Capped Floater

A floater (FRN) in which coupon rates (coupon reset rates) are subject to an upper limit. Like standard floaters, capped...

Participating Capped FRN

A note (floating rate note) which allows the holder to receive a guaranteed minimum rate plus extra coupon payments up...

Participating Capped Floater

A note which allows the holder to receive a guaranteed minimum rate plus extra coupon payments up to a specific...

Participating Capped Floating Rate Note

A note which allows the holder to receive a guaranteed minimum rate plus extra coupon payments up to a specific level...

Participating Note

A note which allows the holder to receive a guaranteed minimum rate plus extra coupon payments up to a specific level...

Hi-Lo FRN

Also, high-low FRN; a floating rate note (FRN) which is designed as a yield enhancement instrument. It has a premium...

Hi-Lo Floating Rate Note

Also high-low floating rate note; a floating rate note which is designed as a yield enhancement instrument. It has a...