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DRC

In connection with convertibles, it stands for discount reverse convertible; a reverse convertible which consists of a zero-coupon bond (discount bond) and a...

PN

It stands for participatory note; a note that is used by investors to gain exposure (participation in the upside) to...

P-Note

It stands for participatory note; a note that is used by investors to gain exposure (participation in the upside) to...

PPN

It stands for principal protected note; a structured note that guarantees capital (hence the name: capital protection note). This note...

SC Rate

It stands for specific collateral rate; a repo rate that corresponds to specific collateral such as Treasury securities that are...

SC Repo

A repo agreement in which a special collateral (SC) is posted by the borrower as requested by the lender, who...

SC

It stands for special collateral; a specifically determined and specified collateral in a repo transaction. In this transaction, the underlying...

GC

It stands for general collateral; broadly, it is a category of collateralized securities (known as eligible collateral) with identical credit...

GC Repo

An abbreviation for general collateral repo; a repo agreement in which the lender of cash accepts any securities that are not special...