A type of forward repo that is executed on T+0, with the opening leg of the trade settling on T+1...
The price of a convertible as quoted including its two components the clean price and accrued interest (or accrued coupon)....
A bond swap that aims to contain the effect of increasing interest rates on a portfolio by selling a bond...
A type of arbitrage that involves attempting to profit from specific deviations from interest rate parity by entering into a...
A convertible bond in which the conversion price is not predetermined but is kept floating. This bond converts into the...
The costs incurred by a firm due to bankruptcy. These costs consist of direct and indirect components:: Total bankruptcy costs...
A type of floating rate repo (variable rate repo) in which the tom/next (T/N) index is used rather than the...
The basis type of repo (also a vanilla repo or a classic repo) that has a fixed term to maturity,...
A type of repo in which a three-way agreement is entered into to facilitate settlement and daily margining. The three...
A feature of a structured product (such as an absolute return barrier note) whereby the issuer can, at any observation...