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Preferred Securities

A fixed-income security (investment) that bears certain equity-like features. It is mainly issued by large banks and insurance firms. Preferred...

Hybrids

A component of a regulatory capital that possesses the characteristics of both equity and debt. As equity capital (core capital)...

Hybrid Financial Product

A financial product that combines two products or more, or that combines a specific number of products with add-on features...

Hybrid Product

A financial product that combines two products or more, or that combines a specific number of products with add-on features...

Capital Instrument

An instrument that constitutes a component of equity capital (core capital) including ordinary equity (ordinary shares, common stock), both voting...