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Shogun Bond

A foreign bond that is publicly floated in Japan and denominated in currency other than yen (hence it is called…

General Market Risk

The market risk (MR) that arises from the broad dynamics of a market, rather than any individual sector or partition....

Cash Leg of Repo

The cash leg of a repo transaction is the original purchase price paid by the lender (cash payer) to the...

Repurchase Rate

The rate of interest at which commercial banks borrow money, for short-term periods, from the central bank in a given...

Repo Rate

The rate of interest at which commercial banks borrow money, for short-term periods, from the central bank in a given...

Extendible Repo

A repo (repurchase agreement), specifically an open repo, that which extends for longer periods that usual. It comes with an...

Step-Down Autocall

An autocall (autocall product) that pays a conditional coupon, in addition to the possibility of an early redemption of capital...

Contingent Coupon Autocallable Yield Note

An autocallable yield note (AYN) that is linked to the lowest performing amongst a number of underlyings (e.g., shares). The...

Phoenix Autocall Note

An autocall note that provides pre-defined returns from a host of underlying assets (shares) in a relatively flat or even...

PVBP of a Bond

The price value of a basis point of a bond is a measure of the bond price volatility to interest…