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SHIELDS

It stands for synthetic high income equity-linked security; a structured equity-linked note (ELN) that is issued not by the company...

Accretion Bond Index Range Note

A note in which coupon amount is determined largely or entirely by an embedded range accumulation option, and where the...

Principal Protected ARBN

An absolute return barrier note (ARBN) (a structured product) in which the coupon is linked to an underlying security or…

Stepped Capped FRN

A type of capped floored FRN in which the capped coupon varies over the life of the note/ bond. An…

Contingent Coupon Autocallable Yield Note

An autocallable yield note (AYN) that is linked to the lowest performing amongst a number of underlyings (e.g., shares). The...

Phoenix Autocall Note

An autocall note that provides pre-defined returns from a host of underlying assets (shares) in a relatively flat or even...

Pulsar Protected Note

A protected note which provides capital protection (as a capital guaranteed product) for a long period of time (long-dated note),…

Note of Hand

Another name for a promissory note, which is a written promise whereby the maker (issuer, payor, obligor, or promisor) unconditionally...

Liability Dividend

A dividend that is paid with some form of debt such as bond, rather than cash or stock. Sometimes, companies…

ECN

It stands for enhanced capital note; a capital note that is issued by a regulated institution (e.g., a bank) with...