Filter by Categories
Accounting
Banking

Funge Event

In relation to fungible bonds and parent bonds, it is an event when a parent bond absorbs a fungible bond....

Parent Bond

A bond to which slices or tranches of an issue belong. A fungible issue (sub-tranche) is a debt issue that...

Expected Fungibility Date

The expected date on which the subsequent tranche (a fungible bond) will be merged or ‘funged’ into existing bonds (the...

Funge

In relation to fungible bonds and parent bonds, it is an event when a parent bond absorbs a fungible bond....

Fungible Bond

New bonds that are issued "further" to an existing issuance of bonds (parent bond), but as separate tranches. Eventually these...