A financial product that is designed to allow the holder/ investor to participate in (i.e., get an advantage of) the...
A bond that is issued at a price above its face value (par value) or whose market price exceeds its...
An acronym for present discounted value; the value (also known as present value) that is calculated today for a stream...
The value (also known as present value) that is calculated today for a stream of future payments associated with, i.e.,...
The premium or agio (from Greek: allag = exchange) for securities (debt securities) such as bonds is the amount by...
It stands for present value; the value that is calculated today for a stream of future payments associated with, i.e.,...
The value that is calculated today for a stream of future payments associated with, i.e., generated from, an instrument/ a...
A participation product (a tracker product, or simply a tracker) that provides a full participation (1:1) in the underlying, typically...
It stands for profit participation certificate; a certificate that combines specific elements of shares and bonds. It entitles the holder...
A certificate that combines specific elements of shares and bonds. It entitles the holder to a profit interest, repayment or...