Date on which the payment of interest (the coupon) of an interest-bearing instrument has to be paid.

The coupon sheet consists of individual parts with which certain rights are asserted but which depend on the nature of the security.

interest rate swap in which a fixed interest rate (coupon) is exchanged against a variable interest rate (e.g. EURIBOR, LIBOR) opposite: basis swap

Statistical measure of the relationship or the synchronization of two sizes.

The costs associated with a bond issue voluntary obligations of the issuer.

(covered) A writer is covered if he either owns the shares for the written call or the money for the written put. Contrary uncovered (naked)

This form of bonds issued by credit institutions includes a further addition to the liability of the issuer. e.g. a state guarantee fund or by a cover pool.

combination of being long the underlying and selling the call.

v. commercial paper

abbr. Capital Requirements Directive

percentages set by regulators to convert off-balance sheet items to credit-equivalent assets

Under Basel II, credit default applies in respect of a specific debtor, if one or both of the following events have occurred: 1) the Bank believes that the debtor is unable to meet his full credit obligations with high probability 2) a substancial liability of the debtor is more than 90 days overdue.

A bilateral financial contract in which one counterparty (the protection buyer or buyer) pays a periodic fee in return for a contingent payment by the other counterparty (the protection seller or seller) upon the occurrence of a credit event.

A bilateral financial contract that isolates credit risk from an underlying instrument and transfers that credit risk from one party to the contract (the protection buyer) to the other (the protection seller).There are two main categories: credit default swaps and credit spread options.

A contractual agreement under which the bank retains or takes a securitization exposure and (thereby) from an economic point of view provides other parties involved in the transaction with an additional protection against loss up to a certain amount.

Any one of a specified set of events (for example bankruptcy, moratorium, restructuring) that, if occurring with respect to an obligation, will trigger contingent payments.

A total value of exposure that a bank is exposed to at the time of default

an insurance policy that compensates in the event that a party defaults

The line of credit or credit scale is the financial framework, to which a bank promised the borrower to give him a loan. A credit line is a so-called revolving credit, he can be used again after reclaiming in the meantime until maturity or until termination.

the extent to which the credit quality of an obligor or counterparty improves or deteriorates