A convertible security that has that is issued and sold outside the country whose currency denominates it. For example, a...
The use of financial means or products/ services — such as lending and credit extension, payment processing, etc.— by non-financial...
A layer of loss absorption in a collateralized debt obligation (CDO) or any similar structures that absorbs initial losses (it...
A bond which is mainly issued to refinance previously issued bonds that carry higher coupons than current market. An escrowed...
A replacement for collateral that is identical in terms of type, nominal value, description and amount to the one originally...
A structured product (structured certificate) that gives the holder an opportunity to avail sideway trends of the market over the...
The price of government securities and debentures that is quoted exclusive of interest. In other words, the price doesn't include...
The expected date on which the subsequent tranche (a fungible bond) will be merged or ‘funged’ into existing bonds (the...
A type of factoring in which an exporter receives part or all of a set of services including intelligence, guarantee,...
The danger (risk) that some unexpected event will take place and increase the credit risk of an issuer, hence badly...