The face value (par value) of an investment/ security/ instrument, etc. It is the original/ initial stated amount that is...
The face value (par value) of an investment/ security/ instrument, etc. It is the original/ initial stated amount that is...
A type of convertible that has no current yield because it pays no coupon. However, the bond has a positive…
An interest rate swap in which both counterparties pay fixed rate in their respective currencies. It is a type of…
A long-term commercial mortgage loan in which all payments of principal and interest are deferred until maturity. In this loan,…
A bond (a variable interest bond) whose coupon payment starts to increase after an initial period. It pays an initial…
In the context of subprime deals, it is a provision that entails the conversion of deal structure from sequential pay…
A type of convertible debt in which the right to receive principal and/or interest is convertible at the discretion of…
A structuring technique which involves the purchase of ordinary bonds (usually, U.S. Treasury bonds) and the repackaging thereof in a…
A crowdfunding which involves the crowd lending to businesses (people to business/ person to business- P2B) or to persons (peer…