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Brady Bond

A bond that is issued by a developing country or a less developed country (LDC) as a voluntary debt relief...

Bond Swap

A trade that involves the sale of one bond and the use of the proceeds to purchase a different bond...

Baby Bond

A bond that is issued in small denominations, i.e., for a par value less than $1,000, usually $500 to $25....

Bond CDS Gap

The differential or spread that exists between credit derivatives (such as credit default swaps or CDSs) and their underlying cash...

Callable Multi-Step Bond

A bond (specifically a callable step-up bond) whose coupon is increased more than one time over its life. This bond...

Bail-In Bond

A hybrid/ structured credit product (bond) that becomes convertible into equity shares if the price of the share exceeds a...

Registered Coupon Bond

A bond whose principal is registered in the name of its owner, but where interest coupons are payable to the...

Registered Bond

A bond whose ownership is evidenced by registration in the transfer office of the issuer (corporate issuer, government issuer, etc)....

Fixed-to-Float Bond

A bond that pays a fixed amount of interest (coupon) for a specific period of time and then turns into...

Dual Option Bond

A bond that contains an embedded option granting the holder the right to choose currencies for interest payment and principal...