The value that is stated on a coin or banknote (monetary assets). Nominal value refers also to the face value...
It stands for bed and breakfast; the functional, but not necessarily the economic, equivalent of an overnight repurchase agreement (repo)....
The nominal value or face value of a financial instrument, on which payment of interest or payoff is based and...
A mechanism whereby various bespoke CDOs (bespoke tranches) can share the total subordination provided by the whole set of bespoke...
A reverse repurchase (RP) agreement by which a mortgage firm sells federally guaranteed mortgage-backed securities (MBSs) to a securities dealer…
The coverage limit that constitutes the pre-specified maximum level a protection buyer (in a credit-linked instrument/ arrangement such as a...
It stands for Euro interbank offered rate; an interest rate that is based on the average interest rates at which...
Or Euribor; an interest rate that is based on the average interest rates at which a panel of more than...
A swap that entails payment of a fixed-rate on an annual, Act/360 basis by one counterparty against payment (by the...
It stands for tranche outstanding notional amount; with respect to a tranche, it is the original tranche size reduced by...