A form of leverage that an entity can attain from an off-balance sheet item (asset, liability, financing activity, etc.) By...
A form of leverage that an entity can attain from an off-balance sheet item (asset, liability, financing activity, etc.) By...
A form of repurchase agreement (repo) in which the borrower of cash doesn't deliver out the collateral, but rather keeps...
The price of a convertible as quoted inclusive of accrued interest. Some Euroconvertibles such as French convertible bonds are normally...
It stands for drop-lock bond; a floating-rate bond that converts into a fixed coupon obligation when a reference interest rate...
A floating-rate bond that converts into a fixed coupon obligation when a reference interest rate (market interest rate) drops below...
A corporate bond that can be exchanged for a predetermined number of common shares of the bond's issuer at any...
A floating-rate note (FRN) that typically pays 50% of a Constant- Maturity Treasury (CMS) rate plus a specific spread and under which a floor...
It is an acronym for London Interbank Offered Rate. It is an interbank rate which is used as a benchmark or...
An interest rate risk measure that captures sensitivity to changes in the interest rate yield curve (e.g. the LIBOR curve). It...