A turbo certificate that aims to bet on price decreases. The participation in the downward movement of the underlying will...
A tracker certificate which gain in value when the price of the underlying goes down, and vice versa. Such a...
A bond with interest coupons that change to preset levels on specific dates. More specifically, the bond pays a given...
A bond that is issued as a zero-coupon bond but which converts to a coupon paying bond at a specific...
A type of floating rate repo (variable rate repo) in which the spot/next (S/N) index is used rather than the...
A broad reference rate (known for short as SOFR) that measures the cost of borrowing money overnight collateralized by Treasury...
It stands for secured overnight financing rate; a broad reference rate that measures the cost of borrowing money overnight collateralized...
It stands for step-down autocallable note; an autocallable note (a yield enhancement note) that is similar to an equity-linked note...
An autocallable note (a yield enhancement note) that is similar to an equity-linked note (ELN), except in terms of a...
In the context of subprime deals, it is a provision that entails the conversion of deal structure from sequential pay...