BULL-BEAR BOND


Meaning of BULL-BEAR BOND in English

Bond whose principal repayment is linked to the price of another security . The bonds are issued in two tranches : in the first tranche repayment increases with the price of the other security, and in the second tranche repayment decreases with the price of the other security.

Campbell R. Harvey. Hypertextual finance English glossary.      Английский словарь гипертекстовых финансов.