A structured note is a structured product issued as a debt security of a bank or its issuing vehicle: the investor holds the issuer’s credit risk as well as the payoff’s market risk.
Quantitative Finance · Glossaire
Quantitative Finance · Glossaire
A structured note is a structured product issued as a debt security of a bank or its issuing vehicle: the investor holds the issuer’s credit risk as well as the payoff’s market risk.