A part of a warrant value (theoretical value of a warrant) that relates to the continuous exposure to the changes...
A structural feature that gives protection to senior bondholders (noteholders) against a deterioration of credit support. It applies a host...
It stands for trigger barrier reverse convertible; a variant of barrier reverse convertible (BRC)- a structured product- which is structured...
A variant of barrier reverse convertible (BRC)- a structured product- which is structured in a way that if on the...
An asset that ranks top amongst other assets held by a financial institution in terms of quality and convertibility to...
A type of arbitrage that involves attempting to profit from specific deviations from interest rate parity by entering into a...
The theoretical value of a warrant consists of two components: intrinsic value (formula value) and time value: Warrant value =...
A structured product (structured certificate) that allows the holder a positive participation to the downside of the underlying stock or asset. It...