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TARN

It stands for target redemption note. A structure that terminates whenever a maturity is reached or the total amount paid...

Snowblade Swap

A snowball swap which has an automatic redemption feature added to it. This swap can be terminated upon a TARN...

Snowball

A hybrid derivative instrument that allows investors harboring a strong feeling that rates will fall below a specific level to...

TAR Note

It stands for target redemption note; an index linked note that terminates whenever a maturity is reached or the total...

Target Redemption Note

An index linked note that terminates whenever a maturity is reached or the total amount paid on the structured coupon...