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.
BULL-BEAR BOND
Meaning of BULL-BEAR BOND in English
Campbell R. Harvey. Hypertextual finance English glossary. Английский словарь гипертекстовых финансов. 2012