A type of a step-up coupon security which gives the holder a put option at each step-up point over the…
A debt instrument (note) which comes with a step-up coupon; the amount of its coupon increases over time to maturity....
This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.