A restructuring mechanism for sukuk in case of losing or distressed issuers or originators. A haircut involves agreement by sukuk…
A variant of barrier reverse convertible (BRC)- a structured product– that is subject to more than one barrier (a continous…
A bill of exchange which is drawn on or by a bank, payable at some preset future date, to securitize…
A fungible, negotiable instrument that represents a financial value, and is categorized into equity securities, debt securities, and derivative contracts.…
It stands for convetible bond asset swap; an asset swap whose underlying is a convertible bond. In terms of composition,…
It stands for auto-callable yield note; a structured note in which the coupon is linked to more than one underlying...
A type of a step-up coupon security which gives the holder a put option at each step-up point over the…
A type of a step-down coupon security which gives the holder a put option at each step-down point over the…
The notional principal of a derivative contract such as a forward contract, futures contract, option, or swap. For example, the...
A bond swap that aims to improve the overall credit quality of a portfolio. This involves swapping a low creditworthy…