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Put Bond

A bond which is payable at par to its holder on demand once the lock-out or deferment period expires. This…

Par Value of a Convertible Bond

The unit size of a convertible bond. It is amount for which a bond can be redeemed at maturity. It…

Principal Protected ARBN

An absolute return barrier note (ARBN) (a structured product) in which the coupon is linked to an underlying security or…

SL Repo

It stands for sustainability-linked repo; a repo transaction/ trade (repurchase agreement/ RP) whose financial and/ or structural characteristics are linked...

Securities Leg of Repo

The securities leg of a repo transaction is that part relating the securities posted as collateral against the loan (the...

Sustainability-Linked Repo

A repo transaction/ trade (repurchase agreement/ RP) whose financial and/ or structural characteristics are linked to the borrower's (collateral seller's)...

Synthetically Leveraged Super Senior Tranche

A leveraged super senior tranche (LSS tranche) in the tranche notional is synthetically leveraged using a pool of synthetic assets…

Stock Ex-Dividend Date

The date on which the holder of a stock will still receive a specific dividend payment. It is the first…

Scrip Dividend

A dividend that is issued by a company in the form of a promissory note (note payable), whereby the company…

Spatial Transformation

A type of transformation that involves availing solvency at different places (institutionial presences) using loans, cash transactions, etc. It also…