A loan for which a borrower is not required to pay any interest. However, a borrower will have to repay...
A loan for which a borrower is not required to pay any interest. However, a borrower will have to repay...
A specific type of bond that allows its holder to convert into shares, or write down the debt of, a...
A specific type of bond that allows its holder to convert into shares, or write down the debt of, a...
It stands for inverse floating rate tranche; a tranche that is created from the collateral tranche (in a CMO structure),...
It stands for inverse floating rate tranche; a tranche that is created from the collateral tranche (in a CMO structure),...
A structural feature involves imposition of a priori requirements structured liability amortization through a timetable of time steps and corresponding…
A basic concept in finance maintaining that a currency unit today is not worth the same currency unit tomorrow or…
A series of bonds that are issued by the same borrower and mature on the same date. All the bonds…
A synthetic structure that consists of a single tranche. It is simpler than a standard synthetic tranche and can be…