With respect to a convertible bond, it is the change in the bond price resulted from a single basis point increase in the credit spread. In...
A bond in which a percentage of coupon payments is converted into capital (principal). In other words, the capital amount outstanding is increased over...
A repo agreement in which the lender of cash accepts any securities that are not special in the market and...
A repo agreement in which the lender of cash accepts any securities that are not special in the market and...
An option (here a put option) that gives a issue the right, but not the obligation, to put a bond...
An option (here a put) that gives a issue the right, but not the obligation, to put a bond (puttable...
An option (here a call) that allows the holder of a callable bond (which is also a convertible bond) to...
An option (here a call option) that allows the holder of a callable bond (which is also a convertible bond)...
A convertible bond (CB) that can be called by the issuer any time over its life (time to maturity) or any time after a...
A type of leverage that is made up of borrowed funds such as loans, credit facilities, bond issuances, etc. Cash-producing leverage can be defined as...