A conventional bond that pays the face value (redemption) at a single date, rather than spreading the payment of which...
A swap which is composed of two financial instruments: one with a fixed return and the other with a variable...
It stands for collateralized debt obligation; an investment-grade bond that is backed by a pool of variously-rated debt obligations including...
An investment-grade bond that is backed by a pool of variously-rated debt obligations including government and corporate bonds, loans, and...
A bond that is issued by a US company (usually a high grade issuer), outside of the US in a...
The rate of return that is considered by investors to be the minimum rate they are willing to accept on...
A reverse convertible that entails that the holder gives up the potential upside exposure to the underlying in exchange for...
It stands for barrier reverse convertible; a reverse convertible that entails that the holder gives up the potential upside exposure...
It stands for commercial mortgage-backed securities (CMBS) interest only (IO). These IOs (stripped mortgage products) are coupons stripped from an...
A tranche of a collateralized mortgage obligation (CMO) that accrues by adding the interest amount to the face value of...