It stands for principal write-down; a write down of the principal of a contingent convertible bond (CoCo bond) upon occurrence...
A write down of the principal of a contingent convertible bond (CoCo bond) upon occurrence of a trigger event. In...
A contingent convertible (CoCo) bond that has no set maturity date. Like any perpetual bond (perp or consol bond), this...
A contingent convertible (CoCo) bond that has no set maturity date. Like any perpetual bond (perp or consol bond), this...
A classification of share capital that represents the amount that is received from an entity's shareholders in exchange for the...
A bond to which slices or tranches of an issue belong. A fungible issue (sub-tranche) is a debt issue that...
An equity structured product (and a reverse convertible) that provides an enhanced coupon. Coupon enhancement (yield enhancement) is typically done…
It stands for peer-to-business crowdlending (also person-to-business or people-to-business crowdlending); a form of crowdfuding/ crowdlending that involves the individuals (the…
The premium leg of a CDO tranche is the present value of the amount of principal (capital) that the protection...
The simplest version of a tranche. That is, a tranche that has no extra features other than its basic form....