A credit linked note (CLN) in which the underlying is a portfolio or basket subject to credit risk. In other…
It stands for protected growth security; a callable equity-linked note which provides its holder with principal protection and upside participation,...
A callable equity-linked note which provides its holder with principal protection and upside participation, while depriving him/ her of any...
A convention for calculating yield on a debt security (T-bill, bond, note, etc) that assumes settlement of trade is made…
A floating-rate note (floater) whose coupon payments fall within an embedded collar. This means the coupon is capped at a...
The spread that would be realized over the whole risk-free spot rate curve if a given risky security such as…
A credit linked note (CLN) whose redemption and coupon payments are linked to a single default event and also depend…
It stands for medium term note; a corporate fixed-income security that is offered intermittently or continuously by an agent of...
A corporate fixed-income security that is offered intermittently or continuously by an agent of the issuing company. Notwithstanding the name...
An absolute return barrier note (ARBN) which is generally “continously callable”- i.e., with continuous call dates. This allows the note…
