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Corporate Bond Investment Glossary

Corporate bond and fixed income investment terminology explained

54 articles

+1

Written by Callum Clarke, Aidan Hamade, Rezaah Ahmad and 1 other

Make Whole Premium

Written by Callum Clarke. Updated over a week ago

Amount Outstanding

Written by Aidan Hamade. Updated over a week ago

Accrued Interest

Written by Aidan Hamade. Updated over a week ago

Administrator

Written by Aidan Hamade. Updated over a week ago

Seniority/Asset Security

Written by Rezaah Ahmad. Updated over a week ago

AT1s / Contingent Convertible

Written by Aidan Hamade. Updated over a week ago

Bonds

Written by Rezaah Ahmad. Updated over a week ago

How does the mid-market rate work?

Details on how the rate and mid-market rate works

Written by Mykyta Pavlushyn. Updated over a week ago

Call Schedule

Written by Aidan Hamade. Updated over a week ago

Capital Gains / Capital Loss

Written by Aidan Hamade. Updated over a week ago

Capitalisation

Written by Rezaah Ahmad. Updated over a week ago

Capitalisation LTV

Credit Statistics

Written by Rezaah Ahmad. Updated over a week ago

Cashflow

Written by Aidan Hamade. Updated over a week ago

Credit Rating

Written by Aidan Hamade. Updated over a week ago

Coupon

Written by Aidan Hamade. Updated over a week ago

Covenants

Written by Aidan Hamade. Updated over a week ago

Current Yield

Written by Rezaah Ahmad. Updated over a week ago

Default

Written by Aidan Hamade. Updated over a week ago

Distressed Debt

Written by Aidan Hamade. Updated over a week ago

EBITDA

Written by Rezaah Ahmad. Updated over a week ago

EBITDA/Cash Interest

Credit Statistics

Written by Rezaah Ahmad. Updated over a week ago

Equity

Written by Rezaah Ahmad. Updated over a week ago

Fixed Charge over Assets

Written by Rezaah Ahmad. Updated over a week ago

Fixed Rate

Written by Aidan Hamade. Updated over a week ago

Floating Rate

Written by Aidan Hamade. Updated over a week ago

Guarantees

Written by Rezaah Ahmad. Updated over a week ago

High Yield Bonds

Written by Rezaah Ahmad. Updated over a week ago

Impairments

Written by Aidan Hamade. Updated over a week ago

ISIN codes

What is an ISIN code?

Written by Callum Clarke. Updated over a week ago

Leverage

Written by Rezaah Ahmad. Updated over a week ago

LIBOR

Written by Aidan Hamade. Updated over a week ago

LQA

Last Quarter Annualised

Written by Callum Clarke. Updated over a week ago

Lower Tier 2 (LT2)

Written by Rezaah Ahmad. Updated over a week ago

Loan-To-Value (“LTV”)

Written by Rezaah Ahmad. Updated over a week ago

LTM

Written by Aidan Hamade. Updated over a week ago

Market Price

Written by Rezaah Ahmad. Updated over a week ago

Maturity Date

Written by Callum Clarke. Updated over a week ago

Minimum Investment Amount

Written by Aidan Hamade. Updated over a week ago

Net Investible Assets

Written by Mykyta Pavlushyn. Updated over a week ago

Net Debt to EBITDA

Credit statistics

Written by Rezaah Ahmad. Updated over a week ago

Perpetual

Written by Aidan Hamade. Updated over a week ago

PIK

Written by Aidan Hamade. Updated over a week ago

Principal

Written by Aidan Hamade. Updated over a week ago

Sale Fee

Written by Aidan Hamade. Updated over a week ago

Secondary Market

Written by Aidan Hamade. Updated over a week ago

Senior Secured

Written by Aidan Hamade. Updated over a week ago

Service Fee

Written by Aidan Hamade. Updated over a week ago

Stressed Bond

Written by Aidan Hamade. Updated over a week ago

Unsecured Bonds

Written by Aidan Hamade. Updated over a week ago

Upper Tier 2 (UT2)

Written by Rezaah Ahmad. Updated over a week ago

Volatility

Written by Aidan Hamade. Updated over a week ago

Yield to Call

Written by Rezaah Ahmad. Updated over a week ago

Yield to Maturity

Written by Aidan Hamade. Updated over a week ago

Yield to Worst

Written by Aidan Hamade. Updated over a week ago