Abbreviation for spread-adjusted note; a debt instrument that bears a base rate fixed or linked to a sovereign rate (Treasury…
A type of toggle tranche that maintains its changed repayment priority until full retirement. Being a toggle tranche, it may...
A protected note that provides full capital protection to the holder, but the performances over the cliquet intervals are taken…
A hybrid security that combines features of a general obligation bond and a revenue bond. This bond’s obligation is payable…
A type of convertible debt in which the right to receive principal and/or interest is convertible at the discretion of…
The compounding of interest earned or paid on an interest-bearing instrument (e.g., bond, deposit, etc), or generally any type of…
A debt instrument that bears a base rate fixed or linked to a sovereign rate (Treasury rate) and a specific…
A bond with a short period remaining until maturity date. Bonds with less than two years to maturity are often…
Another term or a synthetic high income equity-linked security (SHIELDS); a structured equity-linked note (ELN) that is issued not by...
A letter of credit (LC) that represents a guarantee by an issuing bank rather than a source for payment. A...