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Bail-In Debt

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

Appreciation

The increase in the value of a financial or physical asset over its normal life-time or a specific period of…

Bonds Trading Flat of Accrued

A bond is identified as trading flat of accrued (or simply, trading flat) if the buyer of the bond is...

Funding Rate

It has many meanings in multiple contexts. Generally, it is the interest rate that is charged over a funding interval,...

Basis Point Differential

The difference in basis points (BPS) that exists between two positions or rates (yields) or premiums, etc. For example, the...

Sovereign Bond

A bond (broadly fixed-income securities) that is issued by a government to borrow money from the public in order to...

Government Bond

A bond (broadly fixed-income securities) that is issued by a government to borrow money from the public in order to...

Brady Bonds

US dollar- denominated bonds which were issued, mostly in the 1980s, by developing and underdeveloped countries, mainly in Latin America,...

Parent Bond

A bond to which slices or tranches of an issue belong. A fungible issue (sub-tranche) is a debt issue that...

Equity-Linked Bond

An equity derivative, essentially a fixed-income security, whose coupon and/ or final principal repayment is/ are pegged to the return...