A bond that is issued at a price above its face value (par value) or whose market price exceeds its...
A debt instrument which gives the issuer the right to deliver more instruments (i.e., bonds)- considered a new tranche by...
A capital protected product/ instrument that pays back the protected amount at the end of its term. It is a...
A bond that has a variable/ floating rate interest- that is, an interest rate that adjusts periodically (monthly, quarterly, semi-annually,...
A bond that is issued by a private nonprofit entity such as a hospital, school, church, etc. Typically, an issuer…
It stands for principal write-down; a write down of the principal of a contingent convertible bond (CoCo bond) upon occurrence...
A write down of the principal of a contingent convertible bond (CoCo bond) upon occurrence of a trigger event. In...
It stands for additional tier-1 CoCo bond; a capital instrument that is subject to specific terms and conditions for eligibility...
A contingent convertible (CoCo) bond that has no set maturity date. Like any perpetual bond (perp or consol bond), this...
A contingent convertible (CoCo) bond that has no set maturity date. Like any perpetual bond (perp or consol bond), this...