Tag: note
Odd Date
What is 'Odd Date' A type of maturity date for foreign-exchange contracts. Odd dates are neither spot nor fixed dates; they are...
Mandatory Convertible
What is a 'Mandatory Convertible' A mandatory convertible is a type of convertible bond that has a required conversion or redemption feature....
Off-The-Run Treasury Yield Curve
What is 'Off-The-Run Treasury Yield Curve' The U.S. Treasury yield curve derived using off-the-run treasuries. Off-the-run treasuries refer to U.S. government bonds...
Range Accrual
DefinitionIn finance, a range accrual is a type of derivative product very popular among structured-note investors. It is estimated that more than US$160 billion...
Sandbag
What does 'Sandbag' mean Sandbag is a tactic used to hide or limit expectations of a company's or individual's strength in order...
Callable Swap
What is 'Callable Swap' An exchange of cash flows in which one counterparty makes payments based on a fixed interest rate, the...
Participatory Notes
DefinitionParticipatory Notes commonly known as P-Notes or PNs are instruments issued by registered foreign institutional investors to overseas investors, who wish to invest in...
Par Yield Curve
What is a 'Par Yield Curve' A par yield curve is a graph of the yields on hypothetical Treasury securities with prices...
Qualified Personal Residence Trust (QPRT )
What is 'Qualified Personal Residence Trust – QPRT ' A specific type of trust that allows its creator to remove a personal...
Variable Coupon Renewable Note (VCR)
Variable Coupon Renewable Note (VCR) What is 'Variable Coupon Renewable Note - VCR' A renewable fixed income security with variable coupon rates...