payments by securities
21Municipal Inflation-Linked Securities — Investment vehicles issued by various levels of governments containing variable coupon payments that increase and decrease with changes in the consumer price index (CPI). This type of debt security is similar to regular municipal bonds, but… …
22Quarterly Income Debt Securities - QUIDS — A debt instrument offering guaranteed quarterly payments directly to the shareholder by the parent company. Quarterly Income Debt Securities (QUIDS) were formed by Goldman Sachs Co. and are sold in small denominations, generally $25. They usually …
23ECB CSDB Central Securities Database — The CSDB Central Securities Database is a service operated by the European Central Bank (ECB) and its 27 affilliated national central banks. It provides near comprehensive coverage of all securities (financial instruments such as equities, bonds …
24book entry securities — Electronically recorded securities that include each creditor s name, address, Social Security or tax identification number, and dollar amount loaned, ( I.e., no certificates are issued to bond holders, instead the transfer agent electronically… …
25European Central Securities Depositories Association — ( ECSDA) Euroclear Clearing and Settlement glossary Formed in 1997 to provide a forum for national and international CSDs to exchange views and carry out projects of mutual interest in the field of securities clearing and settlement. Today, ECSDA …
26European Central Securities Depositories Association — (ECSDA) Formed in 1997 to provide a forum for national and international CSDs to exchange views and carry out projects of mutual interest in the field of securities clearing and settlement. Today, ECSDA s objective is to offer solutions and… …
27Reverse convertible securities — Reverse convertible security or reverse convertible is a short term note linked to an underlying stock. The security offers steady stream of income due to the payment of a high coupon rate. At maturity, the investor will receive either 100% of… …
28Stock Participation Accreting Redemption Quarterly-Pay Securities - SPARQS — A callable note that pays interest to the holder, and upon maturity is exchanged for shares in the underlying company. These investment products are issued and underwritten by Morgan Stanley and provide investors with both interest payments and… …
29Gilt-Edged Securities — High grade bonds that are issued by a government or firm. This type of security originally boasted gilded edges, thus the name. In the case of a firm, a gilt edged security is a stock or bond issued by a company that has a strong record of… …
30Trust Preferred Securities - TruPS — A security similar to debentures and preferreds that is generally longer term, has early redemption features, makes quarterly fixed interest payments, and matures at face value. TruPS have been created by companies for their favorable accounting… …
