A hybrid derivative structure in which the coupon is determined as the difference between the previous coupon and a predefined...
A type of credit derivative in which the two counterparties agree to exchange the total return on a specified asset...
A credit derivative (swap) in which the total return on a reference obligation such as a corporate bond (or an...
An equity-based swap under which one counterparty pays the total performance of a particular share of stock or basket of...
A barrier option that aims to prevent a knock out. Pricing of such an option depends on the amount of...
An offshore (cross-border) derivative operation which was originally used by local banks in Mexico as a means of leveraging Tesobono...
It stands for target redemption note. A structure that terminates whenever a maturity is reached or the total amount paid...
A basket-linked credit default swap (basket-linked CDS) which protects the buyer (the long) from a range of cumulative losses of...
A day count convention that is used to determine the total number of days needed to calculate the interest accrued...
A variation of collateralized debt obligations (CDOs) in which the exposure to the default swap is divided into tranches (small...