An abbreviation for inflation-indexed floor; an inflation derivative that pays out if inflation (as measured by percentage increase in the…
An abbreviation for inflation-indexed cap; an inflation derivative that pays out if inflation (as measured by percentage increase in the…
It stands for synthetic high income equity-linked security; a structured equity-linked note (ELN) that is issued not by the company...
It stands for realized compound yield; a measure of yield that reflects the actual yield-to-maturity earned on an investment (security)....
A single-tranche CDO (an exotic CDO product) with a premium starting at a pre-specified time in the future. It involves…
It stands for pay-in-kind debenture; a bond that confers on the issuer the option to pay interest with additional pay-in-kind...
A PSA range within which the underlying mortgage collateral should remain over time so that a PAC bond would stick…
It stands for municipal option put security; a municipal fixed income security (e.g., a municipal bond) that comes with a detachable…
An absolute return barrier note (ARBN) (a structured product) in which the coupon is linked to an underlying security or…
It stands for sustainability-linked repo; a repo transaction/ trade (repurchase agreement/ RP) whose financial and/ or structural characteristics are linked...