The ABS – Asset Backed Securities - (Other) sub-industry sector comprises consists of Non-Bank Structured Finance Vehicle companies that collateralise assets for which no separate sub-industry sector exist within the CMD model and packages the specific assets together to create securitized assets. Collateralisation is the process of buying assets which are financed by asset backed securities, bonds or debt instruments backed by the value of those assets. This is different from securities that are linked to a credit, a commodity, an equity or a foreign exchange or baskets and or hybrids thereof. These instruments are not classified at the entity level but at the instrument level by their Category.
The ABS – Asset Backed Securities - (Undisclosed) sub-industry sector comprises consists of Non-Bank Structured Finance Vehicle companies that collateralise undisclosed assets and packages the undisclosed assets together to create securitized assets. Collateralisation is the process of buying assets which are financed by asset backed securities, bonds or debt instruments backed by the value of those assets. This is different from securities that are linked to a credit, a commodity, an equity or a foreign exchange or baskets and or hybrids thereof. These instruments are not classified at the entity level but at the instrument level by their Category.
The ABS - Asset Backed Securities - Aircraft Finance sub-industry consists of Non-Bank Structured Finance Vehicle companies that collateralise aircraft financing or debt and leases collateralised into tranches of notes with varying risk profiles. Collateralisation is the process of buying assets which are financed by asset backed securities, bonds or debt instruments backed by the value of those assets. This is different from securities that are linked to a credit, a commodity, an equity or a foreign exchange or baskets and or hybrids thereof. These instruments are not classified at the entity level but at the instrument level by their Category.
The ABS – Asset Backed Securities - CBO, or Collateralized Bond Obligation sub-industry consists of Non-Bank Structured Finance Vehicle companies that collateralise a pool of typically illiquid and below investment grade bonds, diversifying the risk to create investment grade bonds whist maintaining an above market return. Collateralisation is the process of buying assets which are financed by asset backed securities, bonds or debt instruments backed by the value of those assets. This is different from securities that are linked to a credit, a commodity, an equity or a foreign exchange or baskets and or hybrids thereof. These instruments are not classified at the entity level but at the instrument level by their Category.
The ABS – Asset Backed Securities - CDO, or Collateralized Debt Obligation sub-industry consists of Non-Bank Structured Finance Vehicle companies that collateralise a pool of typically illiquid debt and or loans to create marketable debt securities or bonds. Collateralisation is the process of buying assets which are financed by asset backed securities, bonds or debt instruments backed by the value of those assets. This is different from securities that are linked to a credit, a commodity, an equity or a foreign exchange or baskets and or hybrids thereof. These instruments are not classified at the entity level but at the instrument level by their Category.
The ABS - Asset Backed Securities - Asset Backed Securities - CLO, or Collateralized Loan Obligation sub-industry consists of Non-Bank Structured Finance Vehicle companies that collateralise a pool of typically illiquid loans to create marketable debt securities or bonds. Collateralisation is the process of buying assets which are financed by asset backed securities, bonds or debt instruments backed by the value of those assets. This is different from securities that are linked to a credit, a commodity, an equity or a foreign exchange or baskets and or hybrids thereof. These instruments are not classified at the entity level but at the instrument level by their Category.
The ABS – Asset Backed Securities - Commercial Mortgage Backed Security sub-industry consists of Non-Bank Structured Finance Vehicle companies that collateralise various commercial mortgages and packages it together to create securitized assets. Collateralisation is the process of buying assets which are financed by asset backed securities, bonds or debt instruments backed by the value of those assets. This is different from securities that are linked to a credit, a commodity, an equity or a foreign exchange or baskets and or hybrids thereof. These instruments are not classified at the entity level but at the instrument level by their Category.
The ABS - Asset Backed Securities - Consumer Loans sub-industry consist of all the companies that offer loans to consumers for specific type of expenditures, these can be secured or unsecured. Collateralisation is the process of buying assets which are financed by asset backed securities, bonds or debt instruments backed by the value of those assets. This is different from securities that are linked to a credit, a commodity, an equity or a foreign exchange or baskets and or hybrids thereof. These instruments are not classified at the entity level but at the instrument level by their Category.
The ABS - Asset Backed Securities - Credit Card Receivables or Credit Card Receivables Securities sub-industry consists of Non-Bank Structured Finance Vehicle companies that collateralise various credit card debt and packages it together to create one securitized assets. Collateralisation is the process of buying assets which are financed by asset backed securities, bonds or debt instruments backed by the value of those assets. This is different from securities that are linked to a credit, a commodity, an equity or a foreign exchange or baskets and or hybrids thereof. These instruments are not classified at the entity level but at the instrument level by their Category.
The ABS - Equipment Finance or Asset Backed Securities - Equipment Finance sub-industry consists of Non-Bank Structured Finance Vehicle companies that collateralise various commercial equipment debt and leases and packages it together to create one securitized assets. Collateralisation is the process of buying assets which are financed by asset backed securities, bonds or debt instruments backed by the value of those assets. This is different from securities that are linked to a credit, a commodity, an equity or a foreign exchange or baskets and or hybrids thereof. These instruments are not classified at the entity level but at the instrument level by their Category.
The ABS – Asset Backed Securities - Healthcare Receivables, or Healthcare Receivables Security sub-industry consists of Non-Bank Structured Finance Vehicle companies that collateralise various healthcare receivables and packages it together to create one securitized assets. Collateralisation is the process of buying assets which are financed by asset backed securities, bonds or debt instruments backed by the value of those assets. This is different from securities that are linked to a credit, a commodity, an equity or a foreign exchange or baskets and or hybrids thereof. These instruments are not classified at the entity level but at the instrument level by their Category.
The ABS - Asset Backed Securities - Limited Purpose Finance Company consists of Non-Bank Structured Finance Vehicle companies established to invest in certain types of asset backed securities, and attempts to profits from the difference in the returns from the investments and the cost of funding the investment. Collateralisation is the process of buying assets which are financed by asset backed securities, bonds or debt instruments backed by the value of those assets. This is different from securities that are linked to a credit, a commodity, an equity or a foreign exchange or baskets and or hybrids thereof. These instruments are not classified at the entity level but at the instrument level by their Category.
The ABS – Asset Backed Securities Mixed Assets or Mixed Asset Backed Securities sub-industry consists of Non-Bank Structured Finance Vehicle companies that collateralise various assets and packages it together to create one securitized assets. Collateralisation is the process of buying assets which are financed by asset backed securities, bonds or debt instruments backed by the value of those assets. This is different from securities that are linked to a credit, a commodity, an equity or a foreign exchange or baskets and or hybrids thereof. These instruments are not classified at the entity level but at the instrument level by their Category.
The ABS- Property LEase Receiveables or Asset Backed Securities Property Lease Receivables sub-industry consists of Non-Bank Structured Finance Vehicle companies that collateralise various property lease receivables and packages it together to create one securitized assets. Collateralisation is the process of buying assets which are financed by asset backed securities, bonds or debt instruments backed by the value of those assets. This is different from securities that are linked to a credit, a commodity, an equity or a foreign exchange or baskets and or hybrids thereof. These instruments are not classified at the entity level but at the instrument level by their Category.
The ABS - Property Rent Receivables or Asset Backed Securities - Property Rent Receivables sub-industry consists of Non-Bank Structured Finance Vehicle companies that collateralise various property rental receivables and packages it together to create one securitized assets. Collateralisation is the process of buying assets which are financed by asset backed securities, bonds or debt instruments backed by the value of those assets. This is different from securities that are linked to a credit, a commodity, an equity or a foreign exchange or baskets and or hybrids thereof. These instruments are not classified at the entity level but at the instrument level by their Category.
The ABS - Public House Receivables or Asset Backed Securities - Public Housing Receivables sub-industry consists of Non-Bank Structured Finance Vehicle companies that collateralise various public housing receivables and packages it together to create one securitized assets. Collateralisation is the process of buying assets which are financed by asset backed securities, bonds or debt instruments backed by the value of those assets. This is different from securities that are linked to a credit, a commodity, an equity or a foreign exchange or baskets and or hybrids thereof. These instruments are not classified at the entity level but at the instrument level by their Category.
The ABS - Asset Backed Securities -Repackaging or Asset Backed Securities of the Repackaging sub-industry consists of Non-Bank Structured Finance Vehicle companies that collateralise various assets that were already securitized but unsold, it together to create one securitized assets. Collateralisation is the process of buying assets which are financed by asset backed securities, bonds or debt instruments backed by the value of those assets. This is different from securities that are linked to a credit, a commodity, an equity or a foreign exchange or baskets and or hybrids thereof. These instruments are not classified at the entity level but at the instrument level by their Category.
The ABS - Asset Backed Securities - Repo Conduit The ABS – Asset Backed Securities - Repo Conduit, or Repurchase Conduit consists of Non-Bank Structured Finance Vehicle companies that issues commercial paper which is backed by repurchase when mature. Example of this is Banks purchasing government bonds and then leveraged their income statement by selling the bonds on a repurchase agreement so they get the original amount spent on the bonds they purchased and invest in the other areas with better returns and then when the contract matures the banks repurchase the bonds. Collateralisation is the process of buying assets which are financed by asset backed securities, bonds or debt instruments backed by the value of those assets. This is different from securities that are linked to a credit, a commodity, an equity or a foreign exchange or baskets and or hybrids thereof. These instruments are not classified at the entity level but at the instrument level by their Category.
The ABS – Asset Backed Securities - Residential Mortgage Backed sub-industry consists of Non-Bank Structured Finance Vehicle companies that collateralise various residential mortgages and packages it together to create one securitized assets. Collateralisation is the process of buying assets which are financed by asset backed securities, bonds or debt instruments backed by the value of those assets. This is different from securities that are linked to a credit, a commodity, an equity or a foreign exchange or baskets and or hybrids thereof. These instruments are not classified at the entity level but at the instrument level by their Category.
The ABS – Asset Backed Securities - SIV, or Structured Investment Vehicle sub-industry consists of Non-Bank Structured Finance Vehicle companies that issue short-term commercial paper to finance purchases of long-term assets. SIV’s attempt to profit off the credit spread between the commercial paper they issued and the long term asset they purchased. Collateralisation is the process of buying assets which are financed by asset backed securities, bonds or debt instruments backed by the value of those assets. This is different from securities that are linked to a credit, a commodity, an equity or a foreign exchange or baskets and or hybrids thereof. These instruments are not classified at the entity level but at the instrument level by their Category.
The ABS - SME or Asset Backed Securities of Small and Medium Enterprises Asset Backed Security sub-industry consists of Non-Bank Structured Finance Vehicle companies that collateralise SME corporate debt and packages it together to create one securitized assets. Collateralisation is the process of buying assets which are financed by asset backed securities, bonds or debt instruments backed by the value of those assets. This is different from securities that are linked to a credit, a commodity, an equity or a foreign exchange or baskets and or hybrids thereof. These instruments are not classified at the entity level but at the instrument level by their Category.
The ABS - SPV, or Special Purpose Vehicle sub-industry consists of Non-Bank Structured Finance Vehicle companies created by corporations that are used for a specific purpose to finance an investment with limited liability. Collateralisation is the process of buying assets which are financed by asset backed securities, bonds or debt instruments backed by the value of those assets. This is different from securities that are linked to a credit, a commodity, an equity or a foreign exchange or baskets and or hybrids thereof. These instruments are not classified at the entity level but at the instrument level by their Category.
The ABS - Asset Backed Securities - Student Loans Asset Backed Securities - Student Loans sub-industry consists of Non-Bank Structured Finance Vehicle companies that collateralise student loans and packages it together to create one securitized assets. Collateralisation is the process of buying assets which are financed by asset backed securities, bonds or debt instruments backed by the value of those assets. This is different from securities that are linked to a credit, a commodity, an equity or a foreign exchange or baskets and or hybrids thereof. These instruments are not classified at the entity level but at the instrument level by their Category.
The ABS - Asset Backed Securities - Trade Receivables or Asset Backed Securities of Trade Receivable sub-industry consists of Non-Bank Structured Finance Vehicle companies that collateralise business’s trade receivables and packages it together to create one securitized assets. Collateralisation is the process of buying assets which are financed by asset backed securities, bonds or debt instruments backed by the value of those assets. This is different from securities that are linked to a credit, a commodity, an equity or a foreign exchange or baskets and or hybrids thereof. These instruments are not classified at the entity level but at the instrument level by their Category.
The ABS - Asset Backed Securities - Vehicle Finance sub-industry consists of Non-Bank Structured Finance Vehicle companies that collateralise vehicle financing or debt and leases collateralised into tranches of notes with varying risk profiles. Collateralisation is the process of buying assets which are financed by asset backed securities, bonds or debt instruments backed by the value of those assets. This is different from securities that are linked to a credit, a commodity, an equity or a foreign exchange or baskets and or hybrids thereof. These instruments are not classified at the entity level but at the instrument level by their Category.
The ABS - Whole Business or Asset Backed Securities of Whole Business, or Whole Business Securitization sub-industry consists of Non-Bank Structured Finance Vehicle companies that collateralise a business’s operating assets, but the business keeps complete control of the asset. Collateralisation is the process of buying assets which are financed by asset backed securities, bonds or debt instruments backed by the value of those assets. This is different from securities that are linked to a credit, a commodity, an equity or a foreign exchange or baskets and or hybrids thereof. These instruments are not classified at the entity level but at the instrument level by their Category.
Interest earned on the notional amount of an investment between two payment dates. For example, the accrued interest on a bond would be the amount of interest owed to the buyer since the last coupon payment.
An Adler bond is an EUR-denominated bond issued by a non-German entity in the German Foreign Bond market.
The Advertising sub-industry sector comprises all companies that offer sponsored marketing communication through advertising, marketing or public relations services.
The Aerospace & Defense sub-industry sector comprises all companies that manufacture, service and sell commercial aircrafts and those that supply a country with weaponry and systems designed to carry out operations on land,sea and air.
The Agricultural & Farm Machinery sector comprises all the companies that manufacture equipment for production, harvesting and care of farm products.
The Agricultural Products & Services sub-industry sector comprises all businesses that primarily cultivate plants, and animals. This includes crop growers, owners of plantations and companies that produce and process foods but do not package and market them. This excludes companies classified in the Forest Products Sub-Industry and those that package and market the food products classified in the Packaged Foods & Meats sub-Industry.
The Air Freight & Logistics companies sub-industry sector comprises all companies that ship goods through air.
The Airline Industry Sector comprises companies providing passenger air transportation and companies leasing aircrafts.
The Airport Services sub-industry sector comprise all the businesses that are related to transit of passengers, goods, sale of tickets and complementary services for airport travellers.
An Alpine bond is a CHF-denominated bond issued by a non-Swiss entity in the Swiss Foreign Bond market.
A newer type of asset that has not been traditionally considered part of an investment portfolio. Historically, examples include real estate, commodities, as well as rare coins, stamps, artwork and trading cards. More recently, the term has also come to be used to refer to other institutional asset classes including...
The Alternative Carriers sub-industry sector comprises all providers of communications and high-density data transmission services primarily through a high bandwidth/fiber-optic cable network.
The Aluminum manufacturing sub-industry sector comprises all companies that refine aluminium for major users in other sectors such as engeeniring, packaging, transport and construction sector.
The Assset Management - Credit Strategies sub-industry sector comprises funds that employ credit strategies to achieve aboe market investment returns.
The Assset Management - EMMF or European Money Market Fund is a fund that operates in Europe and invests in short-term debt securities such as commercial paper, Repo and other instruments. EMMF are typically regulated under UCITS and are therefore synonymous with UCITS Money Market Funds. UCITS is a regulatory framework that creates a harmonized regime throughout Europe for the management and sale of mutual funds.
The Assset Management - EMMF - LVNAV or Low Volatility Net Asset Value is a type of fund that is a European Money Market Fund. This is one out of three fund structures under the regulations of the MMF in Europe. This can be redeemed at a constant price, providing the value of the assets in the fund not deviating more than .2% from the NAV calculated.
The Assset Management - EMMF - PDCNAV or public debt constant net asset value fund is a short-term MMF or Standard MMF fund that is a European Money Market Fund. The PDCNAV must invest a minimum of 99.5% of their assets in Public debt and cash.
The Assset Management - EMMF - S-T VNAV or short-term Variable Net Asset Value are European MMFs in which investors purchase or redeem units in the fund at a variable net asset value. The price is calculated to the price calculated to the equivalent of at least four significant figures.
The Assset Management - EMMF - Std VNAV is a European Money Market Funds in which units in the funds are purchased or redeemed at a variable price calculated to the equivalent of at least four significant figures.
The AM – General Asset Management, or General Asset Management sub-industry sector consists of funds that do not fall in any of the other Asset Management sector classifications.
The AM – Hedgefund sub-industry sector consists of funds that trade in relatively liquid assets and uses trading, portfolio-construction, risk management and leveraging techniques such as short selling, leverage, and derivatives, as well as trading in non-traditional assets to achieve above market investment returns.
The Assset Management - IMMF - LVNAV or Low Volatility Net Asset Value is a type of fund that is a member of the International Money Market Funds Association. This is one out of three fund structures under the regulations of the MMF in Europe. This can be redeemed at a constant price, providing the value of the assets in the fund not deviating more than .2% from the NAV calculated.
The Assset Management - IMMF - PDCNAV or public debt constant net asset value is a short-term MMF or Standard MMF fund that is a member of the International Money Market Funds Association. The PDCNAV must invest a minimum of 99.5% of their assets in Public debt and cash.
The Assset Management - IMMF - S-T VNAV or short-term Variable Net Asset Value are MMFs in which investors purchase or redeem units in the fund at a variable net asset value that is a member of the International Money Market Funds Association. The price is calculated to the price calculated to the equivalent of at least four significant figures.
The Assset Management - IMMF - Std VNAV units in the funds are purchased or redeemed at a variable price calculated to the equivalent of at least four significant figures that is a member of the International Money Market Funds Association.
A fund that is a member of the International Money Market Fund Association and invests in short-term debt securities such as commercial paper and Repo and other instruments.
The Assset Management – INTMMF – All or International Money Market Fund is a fund that is a member of the International Money Market Funds Association and invests in short-term debt securities such as commercial paper and Repo and other instruments.
The Assset Management Pension Fund Pension sub-industry sector consists of a fund which is funded by individuals for building a retirement income.
AM - Private Equity/Venture Capital is a form of private equity where investors facilitate funds for start up companies and small business, which are considered to be successful in the long term.
A fund which invests in real estate properties and/or mortgages and passes their income to the shareholders through dividend payments.
The Assset Management – USMMF – Government Institutional, or US Institutional Government Money Market Fund sub-industry sector consists of a US domestic market fund that primarily invests in US short-terms government debt securities to grow the institutional investor’s portfolio.
The Assset Management – USMMF – Government Retail, or US Retail Government Money Market Fund sub-industry sector consists of a US domestic market fund that primarily invests in US short-terms government debt securities to grow the retail investor’s portfolio.
The Assset Management – USMMF – Municipal Tax Exempt, or US Municipal Tax Exempt Money Market Fund sub-industry sector consists of a US domestic market fund that primarily invests in US short-terms municipal securities, which are exempt of income tax, to grow the client’s portfolio.
The Assset Management – USMMF – Prime Institutional, or US Institutional Prime Money Market Fund sub-industry sector consists of a US domestic market fund that primarily invests in US corporate debt securities to grow the institutional investor’s portfolio.
The Assset Management – USMMF – Prime Retail, or US Retail Prime Money Market Fund sub-industry sector consists of a US domestic market fund that primarily invests in US corporate debt securities to grow the retail investor’s portfolio.
The Assset Management – USMMF – Tax Exempt, or US Tax Exempt Money Market Fund sub-industry sector consists of a US domestic market fund that primarily invests in various US short-terms securities, which are exempt of income tax, to grow the client’s portfolio.
The Assset Management – USMMF – Treasury Institutional, or US Institutional Treasury Money Market Fund sub-industry sector consists of a US domestic market fund that primarily invests in US short-terms treasury debt securities to grow the institutional investor’s portfolio.
The Assset Management – USMMF – Treasury Retail, or US Retail Treasury Money Market Fund sub-industry sector consists of a US domestic market fund that primarily invests in US short-terms treasury debt securities to grow the retail investor’s portfolio.
The Apparel Retail sub-industry sector includes all the companies that design and/or produce and sell clothing to department, specialty shops among others, for the general consumer.
The Apparel, Accessories & Luxury Goods sub-industry sector comprises all companies that manufacture, distribute and market apparel and luxury goods. Most of the producers are owned by larger groups.
The Application Software sub-industry sector comprises of companies that provide consulting services (writing software, designing databases, data management, etc.) and business outsourcing processes. This sector is different from the Computer Hardware sub-industry sector which consists of businesses that manufacture computer semiconductors and other components that make a computer.
Comprise issuers from Asia as well as non-Asian issuers targeting this market with various "named" bond products.
The implementation of an investment strategy that attempts to balance risk versus reward by adjusting the percentage of each asset in an investment portfolio according to the investors risk tolerance, goals and investment time frame. The goal is to create diversification in assets which reduces overall risk in terms
The Asset Management & Custody Banks comprises companies with no banking license that safekeep customers' securities and are responsible for the settlement and reporting of their clients assets.
The Automotive Parts & Equipment sub-industry sector comprises all companies that manufacture auto parts and different type of equipment for automobiles and motorcycles. This sub-industry sector does not include companies that are classified in the Tires & Rubber sub-Industry sector.
The Automobile Manufacturers sub-industry sector comprises all companies and organisations involved in the design, development, manufacturing, marketing, and selling of motor vehicles. This sector is different from the ABS - Vehicle Finance sub-industry sector, which consists of Non-Bank Structured Finance Vehicle companies that collateralise a variety of vehicle loans packaging it together to create securitized assets. It is also different from the Car Rental sub-industry Sector which comprises vehicle rental and taxi companies.
The Automotive Retail sub-industry sector comprises vehicle rental and taxi companies. This sector is different from the ABS – Asset Backed Securities - Vehicle Finance sub-industry which consists of Non-Bank Structured Finance Vehicle companies that collateralise a variety of vehicle loans packaging it together to create securitized assets. It is also different from the Automotive sub-industry sector which consists of companies and organisations involved in the design, development, manufacturing, marketing, and selling of motor vehicles.
The Building Society sub-industry consists of regulated bank financial institutions owned by its members and focuses on savings deposits and lending its deposits for mortgages. Building Societies exist in the United Kingdom and in Australia. They are similar to Credit Unions and Cooperative Banks.
The Commercial Bank sub-industry consists of of regulated bank financial institutions that take repayable deposits, provides checking account services, and lends to commercial and individual borrowers.
The Cooperative Bank sub-industry consists of regulated bank financial institutions that provide traditional banking services and is owned and run by their members. The Cooperative Bank is similar to a Credit Unions and Building Societies in the UK and Australia.
The Covered Bond Issuer consists of legal separate companies specifically set up for issuing covered bond debt securities.
The Credit Card sub-industry consists of of regulated bank financial institutions that creates a temporary revolving line of credit for cardholders and processes card transactions on a both a consumer and commercial level.
The Credit Institution sub-industry comprises of regulated bank financial institutions that take repayable deposits and collect payments. This category is used when no other specialised FIG sub-industry sector classifications applies
The Diversified Bank sub-industry consists of regulated bank financial institutions that provide both commercial and investment banking services, as well as other financial services. These banks are also known as universal banks.
The Islamic Bank sub-industry consists of regulated bank financial institutions that operate according to the principles of islamic banking and finance. This differs from Sukuk, which are debt instruments structured specifically to comply with Sharia Law.
The Leasing sub-industry sector comprises regulated bank financial institutions that provide financing against leased collateral assets, such as Equipment. This universe does not include Banks financing vehicle Leasing or Financing, for which CMDportal has a separate sub-industry sector.
The Merchant Bank sub-industry consists of regulated bank financial institutions that focus on international trade by assisting their clients with underwriting and commercial loans to finance commodity trading. In the United Kingdom the term is also used as synonymous with Investment Bank. In the US the term refers to a financial institution that provides capital to companies through share ownership and advisory on corporate matters.
The Mortgage Bank sub-industry consists of regulated bank financial institutions that focuses on underwriting and selling mortgages.
The Bank Municipal Bank sub-industry consists of regulated bank financial institutions that are funded by local government and provides traditional banking services.
The Non-Bank Conduit sub-industry sector comprises of financial institutions that are specific Conduits which fund investment in long-term off-balance assets by issuing short term debt and other instruments. These Conduits typically do not have a banking license, but are part of a banking group. They are different from Covered Bond Issuers, whose debt securities are collateralised by Covered Bond Law. Non-Bank Conduits also are different from Asset Backed Securities (ABS) issuers by leveraging their own debt, whereas Asset Backed securities blend a diversified set of assets.
The Online Bank sub-industry sector comprises regulated bank financial institutions that operate predominantly online without or with very limited branches.
The Private Bank sub-industry consists of regulated bank financial institutions that focus on private individual banking and financial services to “high net worth individuals.”
The Public Bank sub-industry consists of commercial regulated bank financial institutions that are fully owned by the state but not guaranteed by the state. These institutions also have a public type mandate.
The Savings Bank sub-industry consists of regulated bank financial institutions that gather savings deposits and the excess deposits are lent to borrowers.
The Vehicle Financing sub-industry consists of regulated bank financial institutions that focuses on financing vehicles and hold liens on vehicles until paid off. These companie are different from ABS Vehicle financing companies in that they hold a banking license.
Is a short-term debt instrument issued by a corporation that is secured by a bank.
1% change = 100 basis points, and 0.01% = 1 basis point
An Bauhinia bond is an HKD-denominated bond issued by a Hong-Kongese entity in the Hong-Kongese Domestic Bond market.
A market condition in which the prices of securities are falling and widespread pessimism causes the negative sentiment to be self-sustaining. As investors anticipate losses in a bear market and selling continue, pessimism only grows. Although figures can vary, for now, a downturn of 20% or more in multiple broad markets.
A bearer bond is a bond (or other type of negotiable bearer debt instrument) where no registration is required for ownership to pass.
A Beaver bond is a CAD-denominated bond issued by a Canadian entity in the Canadian Domestic Bond market.
A Bellflower bond is a CLP-denominated bond issued by a Chilean entity in the Chilean Domestic Bond market.
A standard against which the performance of a security can be measured or priced.
A Beret bond is an EUR-denominated bond issued by a French entity in the French Domestic Bond market.
A Berliner bond is an EUR-denominated bond issued by a German entity in the German Domestic Bond market.
A measure of the volatility, or systematic risk, of a security or a portfolio in comparison to the market as a whole. Beta is used in the capital asset pricing model (CAPM), a model that calculates the expected return of an asset based on its beta and expected market return. Beta is calculated using regression analysis.
A treasury bill is a short term negotiable debt instrument issued by a sovereign that promises to pay the bearer or registered owner an amount or a number of amounts in the future.
Companies primarily engaged in the research, development, manufacturing and/or marketing of products based on genetic analysis and genetic engineering. Includes companies specializing in protein-based therapeutics to treat human diseases.
The Biotechnology sub-industry sector comprise all the businesses that do research or apply natural sciences and engineering sciences in order to achieve the application of organisms, cells, parts thereof and molecular analogues for products and services.
A negotiable debt instrument that promises to pay the bearer or registered owner an amount or a number of amounts in the future.
A type of day count convention specific to bonds, the bond basis is a factor used to calculate accrued interest on a bond since the last coupon payment. For the bond basis, the fraction of days in a month over days in a year is 30/360, a fraction which, while slightly inaccurate, is easy to use for
a market where issuers borrow money by selling debt instruments.
A market organized for the purpose of buying and selling securities, commodities, options and other investments. Commonly known as a stock exchange. Today the word “bourse” is more commonly associated with the Paris Stock Exchange/ the Paris Bourse, or Euronext Paris.
A Braai bond is a ZAR-denominated bond issued by a South-African entity in the South-African Domestic Bond market.
A business unit located at a different address than the Head Office. Branches are identified by square brackets, f.e. [Paris].
The Brewers sub-industry comprises all the companies that are dedicated to production and sale of beer. These companies manufacture beer from cereals in brewers or beerhouses. The process in brewing includes malting, milling, mashing, lautering, boilling, fermenting, conditionating, filtering and packaging.
The Broadcasting sub-industry sector comprises all companies that own or operate of television or radio broadcasting systems, including programming. Includes radio and television broadcasting, radio networks, and radio stations.
The Broadline Retail sub-industry sector comprises of companies that offer a wide range of consumer discretionary merchandise to end consumers. This Sub-Industry includes general and discount merchandise retailers, department stores and on-line retailers and marketplaces selling mostly consumer discretionary merchandise. This sector does not include Food and Drug Retailers.
A Brownie bond is an USD-denominated bond issued by a United-States entity in the USA Domestic Bond market.
The Building Products sub-industry sector comprises manufacturers of construction materials such as wood, glass, sand, clay, cement, concrete and bricks. This sector does not include Steel and other Metal manufactures.
A period of generally rising prices. The start of a bull market is marked by widespread pessimism; at this point the “crowd” is the most “bearish”. The feeling of despondency changes to hope, optimism and eventually euphoria, causing prices to rise as overall demand increase.
A Bulldog bond is a GBP-denominated bond issued by a non-British entity the British Foreign Bond market.
Repurchase and additional issuance of outstanding debt securities by an issuer.
The Cable & Satellite sub-industry sector comprises all companies that offer cable or satellite television services. This sub-industry sector includes cable networks and program distribution.
A bond that can be redeemed by the issuer prior to its maturity. The issuer has the right, but not the obligation, to buy back the bonds from the bond holders at a defined price and call date.
A model that describes the relationship between risk and expected return. This is used in the pricing of risky securities. CAPM says that the expected return of a security or a portfolio equals the rate on a risk-free security plus a risk premium.
An increase in the value of a capital asset that gives it a higher worth than the purchase price. The gain is not realized until the asset is sold. A capital gain may be short term (one year or less) or long term (more than a year) and must be claimed on income taxes.
The standardized requirements in place for banks and other depository institutions, which determines how much liquidity is required to be held for a certain level of assets through regulatory agencies.
A Caravela bond is an EUR-denominated bond issued by a non-Portugese entity in the Portuguese Foreign Bond market.
The Cargo Ground Transportation sub-industry sector comprises companies that provide ground transportation services for goods and freight.
The Casinos & Gaming sub-industry sector comprises all companies that offer service of any type of gambling and betting. The definition for gambling is slighly different to that of gaming as the outcome in gambling and betting can be given by chance, whereas in the gaming sub-industry the outcome requires the user to have some specific skills.
A Catastrophe Bond or Cat Bond is a bond that exposes the investor to a specific insurance risk.
Category or Structure is a classification that is given to a Debt Instrument by a market participant.
A negotiable unsecured, short-term debt instrument typically issued by a bank that promises to pay the bearer or registered owner a sum or a number of sums in the future. In other words, a bank borrowing that in principal can be bought by and sold to anyone and which normally pays interest on a regular
A short term negotiable debt instrument that promises to pay the bearer or registered owner an amount in the future.
A negotiable debt instrument that promises to pay the bearer or registered owner an amount or a number of amounts in the future.
A Cinnamon bond is a SEK-denominated bond issued by a Swedish entity in the Swedish Domestic Bond market.
a firm taking an underwriting role in a primary offer of securities.
The Coal & Consumable Fuels comprises all the companies that produce and supply solid, liquid or gaseous matter to produce energy.
A short for Contingent Convertible bond which is a debt instrument used mainly by European financial institutions.
A type of Asset Backed Security (ABS) and some types are Mortgage Backed Securities as well (MBS). Can be thought of as a promise to pay investors in a prescribed sequence, based on the cash flow the CDO collects from the pool of bonds/mortgages/ other assets that make up the CDO.
The Commercial & Residential Mortgage Finance sub-inudstry sector comprises companies with no banking license providing commercial and residential mortgage financing and related mortgage services. This Sub-Industry includes non-deposit funded mortgage lending institutions, building societies, companies providing real estate financing products, loan servicing, mortgage broker services, and mortgage insurance.
A short term negotiable debt instrument that promises to pay the bearer or registered owner an amount in the future.
The Commercial Printing sub-industry sector comprises companies providing commercial printing services. This sub-industry sector includes printers serving the media industry.
A basic good used in commerce that is interchangeable with other commodities of the same type. Commodities are most often used as inputs in the production of other goods or services. The quality of a given commodity may differ slightly, but it is essentially uniform across producers.
The Commodity Chemicals sub-industry sector comprises companies that primarily produce industrial chemicals and basic chemicals. Including production of plastics, synthetic fibers, films, commodity-based paints and pigments, explosives, petrochemicals, fertilizers and agricultural chemicals, industrial gases and various speciality chemicals.
The Communications Equipment sub-industry sector comprises all companies that manufacture methods and types of equipments for communication.
The Computer Hardware sub-industry sector comprises of businesses that manufacture computer semiconductors and other components that make a computer. This sector is different from the Information Technology sub-industry sector in that the latter primarily provides consulting services (writing software, designing databases, data management, etc.) and business outsourcing processes.
The Construction Machinery & Heavy Trucks sub-industry sector comprises all companies that manufacture vehicles for commercial and industrial purposes.
The Construction Materials sub-industry sector comprises manufacturers of construction materials such as wood, glass, sand, clay, cement, concrete and bricks. This sector does not include Steel and other Metal manufactures.
The Construction & Engineering sub-industry sector comprises of companies that design, develop and manufacturer heavy duty trucks, construction equipment and related parts, non-military shipbuilding, agricultural machinery and related parts, industrial machinery and components.
The Consumer Electronics sub-industry sector comprises all companies that create products intended for enterteinment, communication and recreation. This includes manufacturers of TVs, home audio equipment, game consoles, digital cameras, and related products. The Consumer Electronics sub-industry sector excludes personal home computer manufacturers classified in the Technology Hardware, Storage & Peripherals Sub-Industry, and electric household appliances classified in the Household Appliances Sub-Industry.
The Consumer Finance sub-industry sector comprises companies with no banking license that provide credit to consumers for personal and household use.
The Consumer Staples Merchandise Retail sub-industry sector comprises all companies that combines a department store and a grocery supermarket. These type of stores rely upon high-volume, low margin sales. These retailers offer a wide range of consumer staples merchandise such as food, household, and personal care products. This Sub-Industry includes hypermarkets, super centers and other consumer staples retailers such as discount retail spaces and on-line marketplaces selling mostly consumer staples goods.
In the Capital Market Data model we group entities that through ownership, interest or management structure belong to the same organisation. Typically these entities use the same or a similar marketing name.
The Copper sub-industry sector comprises all companies that extract and refine copper to be distributed for other industries.
A legal entity that is incorporated through registration and can either be owned or not owned by the State.
Any interest payment made or due on a bond, debenture or similar (no longer by a physical coupon).
Coupon Type classifies how a debt instrument's coupon is structured.
A covered bond is a corporate bond with one important enhancement: recourse to a pool of assets that secures or "covers" the bond if the originator becomes insolvent.
The Consumer Price Index (CPI) is a measure of the average change in prices paid by consumers for a basket of goods and services over time.
The current size of the Credit Linked Note market is USD200bn.
From a corporate point of view, it is the broad market for companies looking to raise funds through debt issuances. The credit market encompasses both investment-grade bonds and junk bonds, as well as short term commercial paper.
The risk of loss due to a receiver of financing non re-payment of a loan or other line of credit.
A Cuckoo bond is a TWD-denominated bond issued by a non-Taiwanese entity in the Taiwanese Foreign Bond market.
A Curanto bond is a CLP-denominated bond issued by a non-Chilean entity in the Chilean Foreign Bond market.
A nine-character code that identifies a North American financial security for the purposes of facilitating clearing and settlement of trades.
A Daimyo bond is a JPY-denominated bond issued by a Supranational entity in the Japanese Foreign Bond market.
Data Center REITs are companies or trusts engaged in the acquisition, development, ownership, leasing, management and operation of data center properties.
A dynamic network created by data points
The Data Processing & Outsourced Services sub-industry sector comprises all companies that provide commercial data processing and/or business process outsourcing services. This Sub-Industry includes companies providing services for customer experience management, back-office automation, call center management, and investor communications.
Determines how interest accrues over time
All debt instruments that fall into the Debt Capital Market universe.
In the Capital Market Data Model we make no distinction between Commercial Paper, Certificates of Deposit, Bills, Bonds, Notes or MTNs. Collectively these are called Debt Instruments.
A security whose price is dependent upon or derived from one or more underlying assets. The derivative itself is merely a contract between two or more parties. Its value is determined by fluctuations in the underlying asset. Most common underlying assets include: stocks, bonds, commodities, currencies and interest rates.
Are the markets of those nations, where the industrial base is less developed.
The Development Bank sub-industry sector comprises private not government owned or directed regulated development banks that provide risk capital for non-commercial purposes to develop economic projects.
A Dim Sum bond is a CNY-denominated bond issued by a not-Chinese entity in the Hong-kongese Foreign Bond market.
The Distillers & Vintners sub-industry sector comprises all retailes that specialise in marketing and distribution of alcohol-drinks and some luxurious ones.
expresses the currency, the issuer nationality and the market in which the bond was sold.
The Distributors sub-industry sector comprises companies that are distributors and wholesalers of general merchandise not classified elsewhere. This sector includes vehicle distributors.
The diversified Capital Markets sub-industry sector comprises of companies that are serve as finance companies providing financial services, including intergroup borrowing and lending. Typically these companies and their debt issues operate with a guarantee or other type support arrangement form the parent. A financial corporate is not an issuer of asset backed instruments.
The Diversified Chemicals sub-industry sector comprises all companies that are producers of chemicals that have not been identified as industrial gases, commodity chemicals or specialty chemicals.
The Diversified Financial Services sub-industry sector comprises companies with no banking license that provide a diverse range of financial servics, including credit agencies, stock exchanges and specialty boutiques with some interest in a wide range of financial services including banking, insurance and capital markets, but with no dominant business line. The Diversified Financial Services sub-industry sector excludes companies classified in the Regional Banks and Diversified Banks sub-Industry sectors.
The Diversified Industrial Industry Sector comprises companies that produce industrial products, materials and services.
The Diversified Metals & Mining sub-industry sector comprises all companies that extract different metals and minerals and manufacture and supply a wide range of products for many different sectors.
Diversified Real Estate Activities companies are engaged in a diverse spectrum of real estate activities including real estate development & sales, real estate management, or real estate services, but with no dominant business line.
The Diversified REIT sub-industry sector comprises of companies or trust with significantly diversified operations across two or more property types. REITs invests in real estate properties and/or mortgages and typically passes their income to the shareholders through dividend payments.
The Diversified Support Services sub-industry sector comprises companies that provide residential services, home security, legal services, personal services, renovation and interior design services, consumer auctions and wedding and funeral services. It does not include companies providing educational services. This is different from Consumer Products sub-industry sector where the product is a physical item or good.
A DLT bond is a bond whose register of ownership is stored using Distributed Ledger Technology (DLT). A blockchain bond is a specific type of DLT. DLTs may take various forms, while a blockchain uses one specific infrastructure that uses a linear system of blocks to record and verify information in a decentralized, distributed and public ledger made up of blocks each representing individual transactions.
A type of bond that is issued and traded in a domestic bond market.
The Drug Retail sub-industry comprises all the stores that provide prescripted or non-prescripted medicines and health related products.
A DC or Dual Currency Bond is a negotiable debt instrument that exposes the investor - in exchange for a higher return - to a specific Foreign Exchange risk.
A Dumpling bond is a CNY-denominated bond issued by a Chinese entity in the Chinese Domestic Bond market.
The role of a duration manager is to stabilise the market during the setting of the bond’s issue price, by acting as a counterparty on behalf of all the syndicate members for switch orders presented by the investors (orders presented on the condition of simultaneous sale of another security at a certain minimum price).
The portion of a company’s profit allocated to each outstanding share of common stock. Earnings per share serves as an indicator of a company’s profitability. EPS = [(Net Income) – (Dividends on Preferred Stock)]/(Average Outstanding Shares)
An Edelweiss bond is a CHF-denominated bond issued by a Swiss entity in the Swiss Domestic Bond market.
The Education Industry Sector comprises companies providing educational services, either on-line or through conventional teaching methods.
The Education (SSA) sub-industry consists of all government institutions for whom the sub-industry sector is not known.
The Education Services sub-industry sector comprises companies providing educational services, either on-line or through conventional teaching methods. Includes, private universities, correspondence teaching, providers of educational seminars, educational materials and technical education.
The Electronic and Electrical Equipment sub-industry sector comprises of companies that primarily manufacture electronic supplies and equipment (wires, transistors, insulators, electric motors, batteries, etc.) This sector does not include Computer Hardware producers.
The Electricity sub-industry sector comprises companies that produce or distribute electricity. This includes both nuclear and non-nuclear facilities.
The Electricity (SSA) sub-industry consists of all government institutions for whom the sub-industry sector is not known.
The Electronic Components comprises all the companies that manufacture electric equipment and components.
The Electronic Equipment & Instruments sub-industry sector comprises of companies that primarily manufacture electronic supplies and equipment (wires, transistors, insulators, electric motors, batteries, etc.) This sector does not include Computer Hardware producers.
The Electronic Manufacturing Services is a sub-industry sector that consists of businesses that manufacture computer semiconductors and other components that make a computer. This sector is different from the Information Technology sub-industry sector in that the latter primarily provides consulting services (writing software, designing databases, data management, etc.) and business outsourcing processes.
An Elk bond is a SEK-denominated bond issued by a non-Swedish entity in the Swedish Foreign Bond market.
Emerging capital markets are a type of developing capital market.
Emerging market bonds are bonds issued by/in the currency of an emerging market country.
The employment cost index (ECI) is a quarterly economic series detailing the changes in the costs of labor for businesses in the United States economy. The ECI is vital in that it gives an indication of whether employment cost changes are rising or falling, thus measuring inflation of wages, and employer-paid benefits.
An Entity is a body recognised by law as legally existing in accordance with an internationally agreed standard
The Environmental & Facilities Services sub-industry sector comprises all companies that provide environmental and facilities maintenance services. This includes waste management, facilities management and pollution control services.
The value of an asset after all liabilities have been paid or a stock or any other security representing ownership interest.
Bonds that comply with ESG standards
Scores or assessments that measure the issuer's performance and management of environmental, social, and governance factors.
€STR (Euro Short-Term Rate) is an interest rate benchmark that reflects the wholesale euro unsecured overnight borrowing costs of euro area banks.
A Euro bond is a bond or other type of negotiable debt instrument issued in the offshore international, also called eurobond, market. The ISIN of a Euro Market bond always starts with XS. It can be denominated in any freely tradeable currency.
a bond issued in a form that allows it to be traded in both the international Bond Market
Bond targeted at cross-border distribution
Contrary to the name, Eurodollars have little to do with the Euro or European countries. They are U.S. denominated deposit in banks outside of the United States. Relatively free of regulation. Eurodollar market has expanded largely as a way of circumventing regulatory costs.
A Europa bond is a EUR-denominated bond issued by a European entity in the European Domestic Bond market. These bonds are also sometimes referred to as Eurozone Bonds or Corona Bonds or Stability Bonds.
An ETF is a marketable security that tracks an index, a commodity, bonds, or a basket of assets like an index fund. Unlike mutual funds, ETFs trade like a common stock on a stock exchange. ETFs experience price changes throughout the deal as they are bought and sold. ETFs experience price changes throughout the day.
An administrative division, managed and controlled by the State as a Federation and part of the public sector
The Fertilizers & Agricultural Chemicals sub-industry comprises all the companies that produce fuels for agriculture use, fertilizers and pesticides. The aim is to make crops more productive and control weeds and animal infestation.
Financial Institutions Group
The Financial Exchanges & Data comprise all the businesses that handle pricing of financial instruments reported by trading venues.
A Fjord bond is a NOK-denominated bond issued by a Norwegian entity in the Norwegian Domestic Bond market.
The Federal Open Market Committee (FOMC) is the monetary policymaking body of the Federal Reserve System. The FOMC is composed of 12 members--the seven members of the Board of Governors and five of the 12 Reserve Bank presidents.
Companies that produce and process agricultural products to make food and/or drinks.
Industry that comprises owners and operators of supermarkets selling food and consumer staple products, general food retail stores, drug retail stores and pharmacies.
The Food Distributors sub-industry sector comprises all companies that handle, transport and store food products. These companies also distribute the food products to food service operators.
The Food and Drug Retailers sub-industry sector comprises owners and operators of supermarkets selling food and consumer staple products, general food retail stores, drug retail stores and pharmacies. This sub-industry sector also includes distributors of food products to other companies and not directly to the consumer.
The Footwear sub-industry sector comprises a multitude of footwear manufacterers, wholesalers and retailers.
a bond issued by a foreign borrower in the currency of the country in which it is sold
The Forest Products sub-industry sector comprises companies whose main line of business is manufacturing timber to produce desired wood and paper products.
A Formosa bond is a non-TWD-denominated bond issued by a non-Taiwanese entity in the Taiwanese Foreign Bond market. This bond can be cleared in the Eurobond market with clearing through TDCC's account with Euroclear or Clearstream.
Those that regularly visit the capital markets for financing.
Frontier capital markets are a type of developing capital market.
Bonds issued in the domestic market or currency of a frontier country.
An instrument that can be substituted for something of equal value.
A contract between two parties to buy or sell an asset for a price agreed upon today (the futures price) with delivery and payment occurring at a future point (the delivery date). Considered a derivatives product because it is a function of an underlying asset.
The Gas Utilities sub-industry sector comprises all companies that distribute and deliver natural gas through a pipeline transmission.
"CMDportal "Generic Ratings©" are worked out as the lower average of the issuer’s credit ratings available to CMD. Where relevant, separate "Generic Ratings©" are calculated for senior and subordinated debt as well as for debt issuance programme ratings.
A Global Distribution bond is a bond issued in a form that allows it to be traded in both the relevant local (onshore) and the offshore international, also called eurobond, market. To allow for this Global Market bonds typically have two ISINs, one for clearing in the local onshore market and one for clearing in the offshore international eurobond market. It can be denominated in any freely tradeable currency.
The gold sub-industry comprises all the companies deidcated to the extraction and refinement of gold.
A Goldcrest bond is an EUR-denominated bond issued by a non-Luxembourgian entity in the Luxembourgian Foreign Bond market.
A Goulash bond is a HUF-denominated bond issued by a Hungarian entity in the Hungarian Domestic Bond market.
Identifies the country whose law governs the Support Type. The Date of Support Agreement identifies the date on which the Support Type was established.
The Government - Agency / Department sub-industry consists of legal entities that act as part of the State.
The Government Central Bank sub-industry consists of legal entities that manage the financial system including the currency and reserves of a country through monetary policy and bank / financial institution supervision regulations.
The Government – Corporate, or Government-Owned Corporation sub-industry sector sub-industry consists of companies owned by the State and in which the State has significant influence. These companies typically perform services for the government, in the private, or public sector.
The Government – Development Bank, or Government Development Bank sub-industry consists of public financial institutions that finance projects which generate economic development. These legal entities are different from Private/Commercial Development Banks, which are privately funded and do not run with a public mandate as promoted by the State.
The Guaranteed sub-industry sector sub-industry consists of a legal entities that issue debt which is guaranteed by the State.
The Government - Local Authority/Municipality, or Local Authority /Municipality sub-industry sector sub-industry consists of legal entities of the State that have jurisdiction over a particular county, area or city, town and can set local regulations. A local authority or municipality is typically smaller than a region or a province.
The Government - Region/Provinces, or Region/Province Government sub-industry sector sub-industry consists of sub-industry consists of legal entities of the State that have jurisdiction over a particular region or province and can set regional regulations. A region or province is typically smaller than a the State itself but larger than a local authority or municipality.
The Government - Sovereign, or Sovereign Government sub-industry sector sub-industry consists of legal entities that are the State. State governments have sovereignty and supreme authority over a country and thus can set regulations and administration that impacts the whole state.
The Government – Supranational Institution is an entity that typically has been created by a treaty for a specific purpose and acts on behalf of a number of States.
The Government - Wealth Fund sub-industry sector comprises of public financial institutions that manage sovereign wealth. Thse investment funds are state-owned .
The Great Moderation refers to a period of macroeconomic stability in the developed world lasting from 1982 to 2007.
Bonds that raise finance for an environmental project.
A collection of one or more legal entities that through ownership or other types of control belong together.
The Industry classification on the CMD Portal refers to the type of entity. The categories are: Corporate, Bank, Fund, Government, Insurance, Structured Finance Vehicles and Unknown.
Corporates include all private profit maximising entities except those that we categorise as Banks. The defining characteristic of a Bank in our categorisation is that it has a banking license.
The Government category contains the state debt issuers as well as various SSAs (State and Supranational Agencies) such as the World Bank and regional development bodies.
A Hansik bond is a KRW-denominated bond issued by a South-Korean entity in the South-Korean Domestic Bond market.
The Health (SSA) sub-industry consists of all government institutions for whom the sub-industry sector is not known.
The Health Care Distributors sub-industry sector can be considered as the backbone of the Health sub-industry as it links the whole health care sector by distributing all sorts of equipment and consumable products for health care.
The Health Care Equipment sub-industry sector comprises all companies that manufacture and supply equipment for physicians, nurses and other health specialists in patient diagnosis and treatment.
The Health Care Facilities sub-industry sector comprises all companies that have the specific role of treating people offering consultations or surgery. Health Care Facilities can be divided in: hospitals, care centres and specialized care centres.
Health Care REITs are companies or trusts dedicated to own or rent and manage real estate for health care.These can icnlude senior living facilities, hospitals, medical offices, skilled nursing facilities among others.
The Health Care Services sub-industry sector comprises providers of patient health care services not classified elsewhere. Includes dialysis centers, lab testing services, and pharmacy management services. Also includes companies providing business support services to health care providers, such as clerical support services, collection agency services, staffing services and outsourced sales & marketing services.
The Health Care Supplies sub-industry comprises all the companies that provide physicians, nurses or other health specialists with consumable and disposable medical supplies.
The Health Care Technology sub-industry sector comprises all companies that develop the IT tools and sofware required within the Health sub-industry for hospitals and their administrative departments and improve the quality of health provided. The World Health Organisation defines it as the application of organised knowledge and skills in the form of devices, medicines, vaccines, proceedures and systems developed to solve a health problem and improve quality of life".
The Heavy Electrical Equipment sub-industry sector comprises the companies that manufacture equipment for the energy sector such as steam generators, turbo generators, turbines, among other equipment.
A Hellenic bond is an EUR-denominated bond issued by a Greek entity in the Greek Domestic Bond market.
High yield bonds, also known as junk bonds or non-investment grade bonds, are debt securities issued by companies with lower credit ratings and higher default risk. They offer higher yields (interest rates) than investment-grade bonds to compensate investors for the increased risk.
The Highways & Railtracks sub-industry sector comprises companies that own and operate roads, tunnels and railtracks.
The Home Furnishings sub-industry sector comprises all companies that offer items for furnishing houses, including soft home furnishings or furniture, upholstery, carpets and wall-coverings.
The Home Improvement Retail sub-industry comprises all the companies that sell repair and maintenance goods.
The Homebuilding sub-industry sector comprises companies that build and refurbish commercial properties such as hotels and private properties such as houses and apartments.
The Homefurnishing Retail sub-industry comprises all the companies that sell products for decorating houses. It’s a multi-billion that employs a large amount of workers around the world.
The Hotel & Resort REITs are companies or trusts that that manage the hotels they own and focus on the acquisition and ownership of properties.
The Hotels, Resorts & Cruise Lines sub-industry sector comprises of companies that offer a clean space to sleep and meals for travellers by owning and operating hotels, resorts and cruise-ships. The Hotels, Resorts & Cruise Lines sub-industry sector includes travel agencies, tour operators and related services not classified elsewhere. The Hotels, Resorts & Cruise Lines sub-industry sector excludes casino-hotels classified in the Casinos & Gaming Sub-Industry.
The Household Appliances sub-industry sector comprises businesses that manufacture goods and or preform Research and Development that will be used by an individual or a household. Durable are goods that have a longer useful life. This sector does not include Household Goods and Textiles.
The Household Goods and Textiles sub-industry sector comprises of companies that design and manufacture products for consumers and households such as apparel, accessories, luxury goods and footwear.
The Housewares & Specialties sub-industry sector comprises all companies that sell cookware, bakeware, dinnerware, beverageware, flatware and cuttlery.
The Human Resource & Employment Services sub-Industry sector comprises companies that provide business support services relating to human capital management. This includes employment agencies, employee training, payroll processing, benefit & retirement support services, corporate & job seeker recruitment services, and online job portals generating revenue from fees or commissions for offering recruitment services to companies or job seekers.
Hybrid Bonds are the blend between equity and debt securities
Independent Power Producers & Energy Traders sub-industry sector comprises all companies that own facilities to generate electric power for legal entities in charge of maintaining public facilities and to end users.
The Industrial Conglomerates sub-industry sector comprises diversified industrial companies with business activities in three or more industrial sectors.
The Industrial Gases sub-industry sector comprises all companies that manufacture equipment for calibration, transport and other equipment for gas.
The Industrial Machinery & Supplies & Components sub-industry sector comprises all companies that produce machines and industrial components.This Includes companies that manufacture presses, machine tools, compressors, pollution control equipment, elevators, escalators, insulators, pumps, roller bearings and other metal fabrications.
The Industrial REITs are the investment trusts that develop and own industrial facilities and rent space in those properties to tenants, such as warehouses, distribution centres.
The Industry Sector is a classification that describes the activity of an entity within the economy. The classification is based on where the relevant entity derives the majority of its revenue.
A classification of the main line of business of an entity. This sits at a level below the Group Industry, which in CMD’s terminology, categorises the type of organisation, such as corporate, bank and government. As such, the list of Industry sectors varies for each Industry.
Inflation refers to an increase in the general price level of an economy over a period of time. This economic phenomenon is typically quoted as a percentage change on an annualized or year-over-year basis.
Organizations which pool large sums of money and invest those sums in securities, real property and other investments. Includes banks, retirement/ pension funds, hedge funds, investment advisors and mutual funds. Their role in the economy is to act as highly specialized investors on behalf of others.
The Insurance Brokers sub-industry sector comprises of professionals that are suited to offer the best options of insurances available in the market. They act as intermediaries between consumers and insurance companies, but they do not represent insurance companies.
The Integrated Oil & Gas sub-industry sector comprises all companies that are in the oil&gas sector and specialise in the entire chain of value of the sub-industry that is exploration, production, refinement and distribution. These companies have divisions dedicated to all the streams of the sectors.
The Integrated Telecommunication Services sub-industry sector comprises all companies that transmit information from point to point or point-to-multipoint over distances. Integrated systems use the concept of multiple formats.
The Interactive Home Entertainment sub-industry sector comprises all producers of interactive gaming products, including mobile gaming applications. This sub-industry sector also includes educational software used primarily in the home, but excludes online gambling companies classified in the Casinos & Gaming sub-Industry sector.
The Interactive Media & Services sub-industry sector comprises all companies engaging in content and information creation or distribution through proprietary platforms, where revenues are derived primarily through pay-per-click advertisements. This sub-industry sector also includes search engines, social media and networking platforms, online classifieds, and online review companies.
The price paid for obtaining, or the price received for providing, money or other assets in a credit agreement, calculated as a fraction of the full amount or value obtained or received. In the Capital Market Data model 8% is expressed as 8.
is issued by foreign companies and sold domestically.
The Internet Services & Infrastructure sub-industry sector comprises the companies that offer support programs of an organisation.
The Internet Software & Services sub-industry sector comprises all companies that provide services and infrastructure for the internet industry including data centers and cloud networking and storage infrastructure. Also includes companies providing web hosting services. Excludes companies classified in the Software Industry.
The Investment Banking & Brokerage sub-industry consists of financial institutions that provides various financing and investment related services, such as underwriting, mergers and acquisitions, broker services and so on.
The Investment Companies sub-industry sector comprises funds that invest the pooled capital of investors in financial securities. These companies usually offer a variety of funds and investment services, which also include portfolio management, recordkeeping, legal, custodial, tax and accounting services.
A bond is considered investment grade or IG if its credit rating is BBB- or higher by Standard & Poor's and Fitch or Baa3 or higher by Moody's. In general, these are bonds that are judged by the rating agencies as likely to meet payment obligations of interest and principal on maturity. In the Capital Market
Meetings outside a bond offering
An International Securities Identification Number (ISIN) uniquely identifies a security. Its structure is defined in ISO 6166. Securities for which ISINs are issued include bonds, notes, certificates of deposit, commercial paper, stocks and warrants. The ISIN code is a 12-character alpha-numerical code that...
Also referred to as "Principal Amount, "Par Amount" or "Total Amount", is the sum the issuer has to repay to investors on maturity or when the bonds are called. In the Collaborative Market Data Model this is expressed as a number.
Entity that is able to issue, register and or sell securities for the purpose of financing its operations.
The IT Consulting & Other Services sub-industry sector comprises all companies that focus on solving and advising IT problems for large professional groups.
A Jasmin bond is an IDR-denominated bond issued by an Indonesian entity in the Indonesian Domestic Bond market.
The main underwriter or lead manager in the issuance of new equity, debt or securities instrument. In investment banking, the bookrunner is the underwriting form that “runs,” or who is in charge of the books. More than one bookrunner can manage a security issuance, in which case the involved parties are called “joint bookrunners"
A Kangaroo bond is an AUD-denominated bond issued by a non-Australian entity in the Australian Foreign Bond market. This bonds is also called a Matilda bond.
A Kauri bond is a NZD-denominated bond issued by a non-New Zealand entity in the New Zealander Foreign Bond market.
A Kebab bond is a TRL-denominated bond issued by a Turkish entity in the Turkish Domestic Bond market.
A Kimchi bond is a non-KRW-denominated bond issued by a non-South-Korean entity in the South-Korean Foreign Bond market.
A Kiwi bond is a NZD-denominated bond issued by a New Zealander entity in the New Zealander Domestic Bond market.
A Komodo bond is an IDR-denominated bond issued by Indonesian entity in the off shore, international Bond market.
A Kremlin bond is a RUB-denominated bond issued by a Russian entity in the Russian Domestic Bond market.
A Kungfu bond is an USD-denominated bond issued by a Chinese entity in the Chinese Foreign Bond market.
A Laddu bond is an IDR-denominated bond issued by an non-Indonesian entity in the Indonesian Foreign Bond market.
A Lamington bond is an AUD-denominated bond issued by an Australian entity in the Australian Domestic Bond market.
A Lavender bond is an EUR-denominated bond issued by a Portuguese entity in the Portuguese Domestic Bond market.
The Leasing sub-industry comprises companies with no banking license that provide financing services. This sector includes companies that provide Factoring.
Legal Entity Identifier or LEI is a unique identity reference code allocated to a body recognised by law as legally existing in accordance with an internationally agreed standard administered by the Regulatory Oversight Committee (ROC) of the Global Legal Entity Identifier System (GLEIS).
The Leisure Facilities sub-industry sector comprises owners and operators of leisure facilities, including sport and fitness centers, stadiums, golf courses and amusement parks not classified in the Movies & Entertainment Sub-Industry.
The Leisure Produts sub-industry sector comprises manufacturers of leisure products and equipment including sports equipment, bicycles and toys.
A leveraged loan is a loan made to an entity that already has either considerable amounts of debt, a low credit rating or both.
London Interbank Offer Rate. An interest rate at which banks can borrow funds, in marketable size, from other banks in the London Interbank Market. The world’s most widely used benchmark for short-term interest rates. It’s important because it is the rate at which the world’s most preferred borrowers are based.
The Life & Health Insurance sub-industry consists of a companies that provide insurance services and life assurance services and products.
The Life Sciences Tools & Services sub-industry sector comprises all companies that have the potential in biological data gathering, data mining and the analysis.
A Lion bond is a SGD-denominated bond issued by an Singaporean entity in the Singaporean Domestic Bond market.
A Lion City bond is a non-SGD-denominated bond issued by a non-Singaporian entity in the Singaporean Foreign Bond market.
A Loan is a bilateral agreement between two or more parties to borrow and lend money at pre-agreed conditions.
A Lotus bond is an INR-denominated bond issued by an Indian entity in the Indian Domestic Bond market.
Order of repayment in the event of a sale or bankruptcy of the issuer....
A Macaron bond is an EUR-denominated bond issued by a non-French entity in the French Foreign Bond market.
The Managed Health Care sub-industry comprises all the industries that are dedicated to activities that look to reduce the cost of health care through competition and the improvement of administration. In addition, the Managed Healthcare sub-industry looks for cost-effective diagnosis, treatment and an improved use of ambulatory and in-patient settings.
A Mango bond is an INR-denominated bond issued by an non-Indian entity in the Indian Foreign Bond market.
A Maple bond is a CAD-denominated bond issued by a non-Canadian entity in the Canadian Foreign Bond market.
A Marathon bond is an EUR-denominated bond issued by a non-Greek entity in the Greek Foreign Bond market.
The Marine Ports & Services sub-industry sector comprises companies that own and operate marine ports and related services.
The Marine Transportation sub-industry sector comprises all companies that are involved in shipping and services in ports. This includes companies that design, manufacture and supply ships and replacements. Excludes cruise-ships classified in the Hotels, Resorts & Cruise Lines Sub-Industry.
expresses where the bond was sold
A Masala bond is an INR-denominated bond issued by a non-Indian entity in the Indian Foreign Bond market.
A Matador bond is an EUR-denominated bond issued by a non-Spanish entity in the Spanish Foreign Bond market.
A negotiable debt instrument that promises to pay the bearer or registered owner an amount or a number of amounts in the future.
MTNs are typically issued under the terms of a standardised documentation and issuance arrangement called Medium Term Note Programme. Distinctions are being made between programmes that operate in different markets, like for example a US domestic market MTN programme or a Euro MTN programme.
A Merlion bond is a SGD-denominated bond issued by a non-Singaporian entity in the Singaporian Foreign Bond market.
The Metal, Glass & Plastic Containers sub-industry sector comprises of companies that manufacture products made from Metal, Glass and Plastic to be used for packaging. This also includes corks and caps.
Resident credit institutions under EU law
Central Bank, Credit Institution, Money Market Fund and Other Institution
A segment of the Debt Capital Market, in which vanilla, fixed and floating rate Commercial Papers, Certificates of Deposits, Bills and other notes with maturities up to one year, are traded.
A Moose bond is a NOK-demoniated bond issued by a non-Norwegian entity in the Norwegian Foreign Bond market.
The Mortgage REITs or Real Estate Investment Trust Fund sub-industry consists of a fund which invests in real estate properties and/or mortgages and passes their income to stakeholders through dividen payment.
The Motorcycle Manufacturers sub-industry sector comprises all companies involved in the manufacture of motorcycles, scooters or three-wheelers. In addition, these companies are dedicated to the distribution and retail, repair, servicing and maintenance, sports and leisure and other support services. This s Motorcycle Manufacturers sub-industry sector exclude bicycles classified in the Leisure Products Sub-Industry.
The Movies & Entertainment sub-industry sector comprises all companies that engage in producing and selling entertainment products and services, including companies engaged in the production, distribution and screening of movies and television shows, producers and distributors of music, entertainment theaters and sports teams. Also includes companies offering and/or producing entertainment content streamed online.
The Minimum Requirement for Own Funds and Eligible Liabilities (MREL) is a regulatory requirement set by resolution authorities to ensure that banks maintain sufficient resources to absorb losses and recapitalize in the event of a crisis.
A negotiable debt instrument that promises to pay the bearer or registered owner an amount or a number of amounts in the future.
Multi-Family Residential REITs are companies or trusts engaged in the acquisition, development, ownership, leasing, management and operation of apartments and other multi-family housing including student housing.
The Multi-line Insurance sub-industry consists of insurance companies where the same thing is covered by two or more insurance policies. This allows to have different exposure to risk under a single contract.
The Multi-Sector Holdings su-industry sector comprises companies with no banking license with significantly diversified holdings across three or more sectors, none of which contributes a majority of profit and/or sales. Stakes held are predominantly of a non-controlling nature. Includes diversified financial companies where stakes held are of a controlling nature. Excludes other diversified companies classified in the Industrials Conglomerates Sub-Industry.
The Multi-Utilities sub-industry sector comprises of companies that partake in the distribution and sale of energy or water to the final consumer.
An urban administrative division, managed and controlled by the State as a municipality and part of the public sector.
A Mussel bond is an EUR-denominated bond issued by a Belgian entity in the Belgian Domestic Bond market.
Includes all issuers from Sweden, Norway, Denmark, Finland and Iceland.
A negotiable debt instrument that promises to pay the bearer or registered owner an amount or a number of amounts in the future.
The Office REITs are companies or trusts who manage and invest in office buildings, these type of properties can go from skycrapers to office parks.
The Office Services & Supplies sub-industry sector is comprises all the companies that provide materials and services for running offices or education facilities such as stationary, furniture or printing services.
The Oil & Gas Drilling sub-industry sector comprises all companies that are engaged in the complex operations of excavation techniques such as fraking to extract oil and gas for commercial purposes.
The Oil & Gas Equipment & Services sub-industry sector comprises all companies that manufacture, repare and give maintenance to the machines required in the extraction of oil and gas.
The Oil &Gas Exploration& production sub-industry sector comprises of companies that explore, extract and refine oil and gas. This sector does not include gas distribution.
The Oil & Gas Refining & Marketing sub-industry sector comprises all companies deidcated to wholesale and distribution of refined petroleum to a wide range of entitites.
The Oil&Gas Storage& Transportation Sector comprises companies whose main charter is to distribute and transmit natural and manufactured gas. This excludes companies primarily involved in gas exploration or production, which are classified as Oil and Gas Exploration and Production companies.
OPEC+ is an alliance between OPEC member countries and other major non-OPEC oil-producing nations. It was formed in late 2016 to coordinate policies and exert more control over the global crude oil market.
An Orchid bond is a SGD-denominated bond issued by an Singaporean entity in the Singaporean local onshore Domestic Bond market through Singapore Exchange (SGX) and the offshore International Market through Euroclear Bank.
Other Specialized REITs are companies or trusts engaged in the acquisition, development, ownership, leasing, management and operation of properties not classified elsewhere. This Sub-Industry includes REITs that manage and own properties such as natural gas and crude oil pipelines, gas stations, fiber optic cables, prisons, automobile parking, and automobile dealerships.
The Other Specialty Retail sub-industry comprises all shops or stores that sell a wide variety of products from different brands, styles or models. Owners and operators of specialty retail stores not classified elsewhere. Includes jewelry stores, toy stores, office supply stores, health & vision care stores, and book & entertainment stores.
The Packaged Food and Meats sub-industry sector comprises all businesses that produce and process agricultural products to make food and/or drinks.
A Paczki bond is a PLN-denominated bond issued by a non-Polish entity in the Polish Foreign Bond Market.
A Paella bond is an EUR-denominated bond issued by a Spanish entity in the Spanish Domestic Bond market.
A Palinka bond is a HUF-denominated bond issued by a non-Hungarian entity in the Hungarian Foreign Bond market.
A Panda bond is a CNY-denominated bond issued by a not-Chinese entity in the Chinese Foreign Bond market.
The Paper & Plastic Packaging Products & Materialsindustry sector comprises all the companies that manufacture paper and cardboard containers packaging material to store and transport goods.
The Paper Products comprises all the companies that produce pulp, paper, paperboard or other cellulose products.
A legal entity regulated as a partnership that not owned, managed or controlled by the State and is part of the private sector.
The Passenger Airlines sub-industry sector comprises all companies that offer travelling for passengers from one destination to another.
The Passenger Ground Transportation sub-industry sector comprises all companies that provide passenger ground transportation and related services, including bus, taxi, vehicle rental, ride sharing and on-demand ride sharing platforms, and other passenger logistics.
A Perpetual Bond is a Debt Instrument with no Maturity Date
The Personal Care Products sub-industry sector comprises all companies that manufacture personal and beauty care products such as skin care, hair care, oral hygiene, deodorants, cosmetics and perfumes.
The Pharmaceutical sub-industry sector comprises the companies that specialise in the discovery, development, production and marketing of new drugs to be administred to patients.
expresses the type of primary market dealers through which the debt instrument was sold
A Polonia bond is a PLN-denominated bond issued by a Polish entity in the Polish Domestic Bond market.
A Poon Choi bond is an HKD-denominated bond issued by a non-Hong-Kongese entity in the Hong-Kongese Foreign Bond market.
In a Power Reverse Dual Currency Bond (PRDC) the coupons rise as the foreign currency depreciates.
The Precious Metals & Minerals comprises all the companies that are dedicated to the extraction of precious metals such as gold, which can be used for investment and speculation,silver and platinum. However, this includes all the extractors of minerales of most metal used in the industry.
Also referred to as "Par Amount", "Issue Amount", or "Total Amount", is the sum the issuer has to repay to investors on maturity or when the bonds are called. In the Collaborative Market Data Model this is expressed as a number.
A private placement is the offering of an MTN, Note or Bond through a single dealer and typically with a single investor, as opposed to offering bonds through a syndicate of banks.
A Bank that is not owned, managed or controlled by the State and is part of the private sector.
A Building Society that is not owned, managed or controlled by the State and is part of the private sector.
A legal entity that is not owned, managed or controlled by the State and is part of the private sector.
A Fund that is not owned, managed or controlled by the State and is part of the private sector.
The Property & Casualty sub-industry consists of Insurance companies that cover the items an individual or a business can own.
An urban administrative division, managed and controlled by the State as a Province and part of the public sector.
A legal entity, constituted as a corporate and licensed to operate as a bank, which is owned, managed and or controlled by the public through freely transferrable shares.
A legal entity, constituted and licensed as a Building Society that is owned by its members as a mutual organisation.
A legal entity, constituted as a corporate, that is owned, managed and or controlled by the public through freely transferrable shares.
A legal entity, constituted as a corporate and licensed to operate as a fund, which is owned, managed and or controlled by the public through freely transferrable shares.
The Publishing sub-industry sector comprises all companies producing film, television or radio programmes and related services.
A QIBs manages at least USD100m in assets from 3rd parties. For a bank or savings and loans thrift to qualify as a QIB they need to have a net worth of at least USD25m.
The Rail Transportation sub-industry sector comprises companies that focus on designing and manufacturing rails and railcars. Some companies focus on providing services for transporting goods and people.
Order of repayment in the event of a sale or bankruptcy of the issuer.
The Real Estate Development is an sub-industry sector comprises all companies that build or acquire land, buildings, homes, and so on, either to rent, lease or sell for profit. This sector includes operators of toll roads.
The Real Estate Operating Companies comprises all the companies that are involved in real estate and invest their earnings being subject to higher taxes than other REITs.
The Real Estate Services sub-industry sector comprises all companies that are involved with services for the purchase, sale, lease, rental or appraisal of real property.
A registered bond is a bond (or other type of negotiable bearer debt instrument) where registration is required for ownership to pass.
Debt Instruments sold under Regulation S (Reg S) of the United States Securities Act, are sold outside the USA and do not require registration with the SEC provided they adhere to specific conditions, including adequate protective measures to prevent the sale to US retail investors.
The Reinsurance sub-industry consists of Insurance companies that transfer part of their risk portfolios to other parties under an agreement in order to reduce the amount to be paid in case an insurance claim exists.
A Relationship expresses how two entities are connected.
The Religion sub-industry sector comprises of companies that are in the business of spreading religious beliefs.
A Rembrandt bond is an EUR-denominated bond issued by a non-Dutch entity in the Dutch Foreign Bond market.
The Renewable Electricity sub-industry sector comprises all companies that offer clean energy from natural sources such as the sunlight. These would include also wind.
The Re-offer price is the price at which an underwriting syndicate of a debt issue sells the bonds to public investors. The syndicate will have purchased the bonds from the issuer for less than the Re-offer price, removing the issuer’s risk of not selling the entire issue.
The sale and repurchase of a debt instrument for typically a short period of time.
The Research & Consulting Services sub-industry sector comprises all companies that offer specialised and targeted research in order to make findings in different fields.
The Restaurants sub-industry sector comprises owners and operators of restaurants, bars, pubs, fast-food or take-out facilities. Includes companies that provide food catering services.
The Retail REITs investme are companies or trusts engaged in the acquisition, development, ownership, leasing, management and operation of retail businesses such as shopping malls, outlet malls, neighborhood and community shopping centers.
A Reverse Dual Currency Bond (RDC) is a negotiable debt instrument which does the reverse and pays a foreign interest rate in the investor's domestic currency.
a non-USD denominated bond issued by a borrower from the United States in a non-US foreign bond market
Meetings within the context of a bond offering
A Rugosa bond is an EUR-denominated bond issued by a Luxembourgian entity in the Luxembourgian Domestic Bond market.
Debt Instruments sold under Rule 144A of the United States Securities Act can be offered in the U.S. to qualified institutional buyers (QIBs).
An SA1933 bond is a bond (or other type of negotiable bearer debt instrument) offered in the USA in compliance with the USA Securities Act of 1933.
A rule 144A bond is a bond (or other type of negotiable bearer debt instrument) offered in the USA in compliance with Rule 144A of the USA Securities Act of 1933. Rule 144A offers a safe harbour from SEC registration requirements for certain private resales of minimum USD500,000 of restricted securities to Qualified Institutional Buyers. QIBs are large institutional investors that own at least USD100 million in investable assets.
An exempt bond is a bond (or other type of negotiable bearer debt instrument) offered in the USA that is exempt from registration with the USA Securities Exchange Commission.
A regulation D "private placement" bond is a USD-denominated bond (or other type of negotiable bearer debt instrument) issued in compliance with Regulation D of the US Securities and Exchange Commission.
A section 3 "bank" bond is a bond (or other type of negotiable bearer debt instrument) offered in the USA in compliance with Section 3(a)(2 of the USA Securities Act of 1933.
A section 4 "private placement" bond is a bond (or other type of negotiable bearer debt instrument) offered in the USA in compliance with Section 4(a)(2 of the USA Securities Act of 1933.
A section 5 "SEC registered" bond is a bond (or other type of negotiable bearer debt instrument) offered in the USA in compliance with Section 5 of the USA Securities Act of 1933.
A Sakura bond is a JPY-denominated bond issued by a Japanese entity in the Japanese Domestic Bond market.
A Samurai bond is a JPY-denominated bond issued by a non-Japanese entity in the Japanese Foreign Bond market.This bond is issued to the public via brokers.
A Schengen bond is a CNY-denominated Bond issued by a Chinese entity, typically listed on the Luxembourg Stock Exchange.
A Schnitzel bond is an EUR-denominated bond issued by an Austrian entity in the Austrian Domestic Bond market.
A bilateral loan under German documentation.
A Schuldschein is a bilateral loan under German law with limited secondary transferability.
Order of repayment in the event of a sale or bankruptcy of the issuer....
A security is a negotiable debt or equity instrument.
The Security & Alarm Services sub-industry sector comprises companies providing security and protection services, including correctional facilities, armoured transportation and guarding.
A Debt Instrument sold by a primary market dealer that belongs to the same Group as the Issuer
Self-Storage REITs are companies or trusts engaged in the acquisition, development, ownership, leasing, management and operation of self-storage properties. They own and manage storage facilities and collect rent from customers. Self-storage REITs rent space to both individuals and businesses.
firms appointed by a lead manager to sell bonds in a primary offer on a non-underwritten basis. Selling group member firms are not credited for league tables.
The Semiconductor Equipment sub-industry sector comprises all companies that offer major equipment like water processing, front end, test and assembly and packaging equipment. This also includes manufacturers of the raw material and equipment used in the solar power industry.
The Semiconductors sub-industry sector comprises all companies that offers the materials that have a conductivity value between a metal and an insulator, these could be materials such as silicoin or germanium.
Order of repayment in the event of a sale or bankruptcy of the issuer....
The Lead Manager is a firm taking a lead role, solely or jointly, in managing and underwriting a primary offer.
Order of repayment in the event of a sale or bankruptcy of the issuer....
Order of repayment in the event of a sale or bankruptcy of the issuer....
A Shibosai bond is a JPY-denominated bond issued by a non-Japanese entity in the Japanese Foreign Bond market. This is a private placement bond sold directly by the issuer to Japanese investors without a broker.
A Shogun bond is a non-JPY-denominated bond issued by a non-Japanese entity in the Japanese Foreign market. Also known as Geisha bonds.
Short-Term European Paper (STEP) is a label that aims at fostering the integration of the European markets for short-term debt securities through the convergence of market standards and practices.
The Silver sub-industry comprises all the companies that mine and trade silver. Also includes those fabricants of silver luxury goods.
Single-Family Residential REITs are companies or trusts engaged in the acquisition, development, ownership, leasing, management and operation of single-family residential housing including manufactured homes.
Bond structuring arrangement
The Social Housing sub-industry sector is comprised of all the associations that offer housing to people that are suited for a particular type of property. These are known also as Registered Social Landlords.
The Soft Drinks & Non-alcoholic Beverages sub-industry sector comprises all companies that are dedicated to production, marketing and distribution of non-alcoholic drinks including mineral waters. This sub-inustry sector excludes producers of milk classified in the Packaged Foods & Meats Sub-Industry.
The Solar sub-industry comprises all the companies that convert sunlight into electricity, through photovoltaics, concentrated solar power or a combination of both.
A Spagetti bond is an EUR-denominated bond issued by an Italian entity in the Italian Domestic Bond market.
The Specialized Consumer Services sub-industry sector comprises companies providing consumer services not classified elsewhere. Includes residential services, home security, legal services, personal services, renovation & interior design services, consumer auctions and wedding & funeral services.
The Specialized Finance sub-industry sector comprises companies with no banking license providing various financial services, which are not banks, servicing a niche market. These companies typically lend to consumer or small businesses that do not have good credit or obtain financing. This sector does not include Finance Companies or Financial Corporates, nor are any type of Asset Backed companies. These are providers of specialized financial services not classified elsewhere. Companies in Specialized Finance sub-industry sectorderive a majority of revenue from one specialized line of business. The specialized Finance sub-industry sector does not (unlike in GICS) include central banks, leasing institutions, factoring services, and specialty boutiques and those listed in the Financial Exchanges & Data sub-Industry sector.
The Specialty Chemicals sub-industry sector comprises all companies that manufacture special chemicals that have use in other sector demanded by their performance or function. Some can be agrichemicals, cleaning materials or cosmetic devices among others.
A Springbok bond is a ZAR-denominated bond issued by a non-South-African entity in the South-African Foreign Bond market.
An administrative division, managed and controlled by the State as a sovereign and part of the public sector.
An administrative division, managed and controlled by the State as a sovereign and part of the public sector.
An entity whose debt instruments are guaranteed by the State.
The Steel sub-industry sector comprises producers of iron, steel and any other type of metal and related products, including metallurgical (coking) coal mining used for steel production. This sector does not include Metal Packaging.
A Stroganoff bond is a RUB-denominated bond issued by a non-Russian entity in the Russian Foreign Bond market.
Structure or Category is a classification that is given to a Debt Instrument by a market participant.
Debt instrument with an option.
A Strudel bond is an EUR-denominated bond issued by a non-Austrian entity in the Austrian Foreign Bond market.
Order of repayment in the event of a sale or bankruptcy of the issuer....
Order of repayment in the event of a sale or bankruptcy of the issuer....
Order of repayment in the event of a sale or bankruptcy of the issuer....
A Sukuk is an instrument which, in compliance with Sharia Islamic law, is sold to the investor and then rented back by the issuer for a predetermined rental fee. At the same time, the issuer contractually agrees to buy back the Sukuk at a future date for a fixed price.
Expresses if an entity is financially supported by another entity.
identifies which entity financially supports the current entity.
The Support Services sub-industry sector comprises companies primarily providing labour services such as commercial cleaning services, dinning and catering services, equipment repair services, industrial maintenance services, storage and warehousing, transaction services and other business support services.
The Support Services - Law Firm sub-industry sector comprises all law firms that offer legal services by advising clients about legal rights and responsabilities in different legal litigations.
The Support Services - Trade Organisation sub-industry sector comprises all companies that buy, sell and distribute products to business and consumers. These companies also negotiate terms of sale and provide financing. The trading activity can be carried in the internal and foreign market.
Identifies how an entity is financially supported by the Support Entity/Company.
A Sushi bond is a not JPY-denominated bond issued by a Japanese entity in the offshore Bond Market eiher in the International Market or in a not-Japanese local bond market.
The Systems Software sub-industry comprises the companies that develop, distribute and give maintanence of different software systems for individuals and other companies.
The Technology Distributors sub-industry sector comprises all companies that are between vendors and value-added resellers, these companies do not have the means to maunfacture technology by themselves.
The Technology Hardware, Storage & Peripherals sub-industry sector comprises manufacturers of cellular phones, personal computers, servers, electronic computer components and peripherals. Includes data storage components, motherboards, audio and video cards, monitors, keyboards, printers, and other peripherals. Excludes semiconductors classified in the Semiconductors Sub-Industry.
Telecom Tower REITs are companies or trusts engaged in the acquisition, development, ownership, leasing, management and operation of telecom towers and related structures that support wireless telecommunications.
The "short end of the curve" is used for expressing maturities up to 1 year. The "belly of the curve" is used for expressing the 2y to 5y and the 5y to 10yr combined. The "long end of the curve" is used for expressing maturities over 10 years.
The Textiles sub-industry sector comprises all companies that use textile to manufacture clothing and containers.
Order of repayment in the event of a sale or bankruptcy of the issuer....
Timber REITs are companies or trusts engaged in the acquisition, development, ownership, leasing, management and operation of timberland and timber-related properties.
A Tiramisu bond is an EUR-denominated bond issued by a non-Italian entity in the Italian Foreign Bond market.
The Tires & Rubber sub-industry sector comprises all manufacturers of parts and accessories for automobiles and motorcycles. This sub-industry sector excludes companies classified in the Automotive Parts & Equipment sub-industry sector. Rubber is used to manufacture products such as tires, crap tubes, adhesives, hoses, gaskets and roll coverings.
Total Loss-Absorbing Capacity (TLAC) is a global regulatory standard developed by the Financial Stability Board (FSB) to ensure that Global Systemically Important Banks (G-SIBs) have sufficient loss-absorbing and recapitalization capacity in case of financial distress or resolution.
The Tobacco sub-industry sector comprises all companies that manufacture tobacco from growth to sale, shipment and marketing.
A toggle note is a type of payment-in-kind (PIK) bond that provides issuers with flexibility in managing interest payments. These instruments allow the issuer to decide, on each interest payment date, whether to pay interest in cash or to defer it.
Also referred to as "Par Amount", "Issue Amount", or "Principal Amount", is the sum the issuer has to repay to investors on maturity or when the bonds are called. In the Collaborative Market Data Model this is expressed as a number.
The Trading Companies & Distributors sub-industry sector comprises trading companies and other distributors of industrial equipment and products.
The Transaction & Payment Processing Services sub-industry sector comprises companies with no banking license that provide transaction and payment processing services and related payment services including digital/mobile payment processors, payment service providers & gateways, and digital wallet providers.
a sovereign bond that adjusts its coupon based on the issuer's performance against decarbonization targets
New monetary policy tool announced by the European Central Bank (ECB) in July 2022.
The Transport Infrastructure (SSA) sub-industry consists of all government institutions for whom the sub-industry sector is not known.
A Triffle bond is a GBP-denominated bond issued by a British entity in the British Domestic Bond market.
A Tulip bond is an EUR-denominated bond issued by a Dutch entity in the Dutch Domestic Bond market.
The Ultimate Parent Company is an entity that is directly or indirectly in control of the operations of another entity.
The (Unknown Bank) Industry Sector comprises of Bank that have not yet been classified by CMDportal industry sector classifications.
Companies that have not yet been classified by CMDportal industry sector classifications.
Government institution that have not yet been classified by CMDportal industry sector classifications.
Order of repayment in the event of a sale or bankruptcy of the issuer....
An Uridashi bond is a secondary offering of bonds outside Japan. These bonds are sold to Japanese household investors and are normally issued not in JPY but in a higher-yielding currency. Where the bond is issued in Japanese Yen, they are typically linked to a foreign currency or to an equity index like the Nikkei.
The Utility (SSA) sub-industry consists of all government institutions for whom the sub-industry sector is not known.
Are zero coupon, floating rate or fixed rate.
A Waffel bond is an EUR-denominated bond issued by a non-Belgian entity in the Belgian Foreign Bond market.
The Water (SSA) sub-industry consists of all government institutions for whom the sub-industry sector is not known.
The Water sub-industry sector comprises companies that purchase and redistribute water to the end-consumer. This sub-industry sector includes large-scale water treatment systems.
The Wireless Telecommunications Services sub-industry sector comprises all operators of fixed-line telecommunications networks, and cellular or wireless telecommunication services. This sector includes, providers of communications and high-density data transmission services.
No items for this letter.
A Yabanci bond is a TRL-denominated bond issued by a non-Turkish entity in the Turkish Foreign Bond market.
A Yankee bond is an USD-denominated bond issued by a non-USA entity in the USA Foreign Bond market.
A YinYang bond is a KRW-denominated bond issued by a non-South-Korean entity in the Korean Foreign Bond market.
A Zongzi bond is a TWD-denominated bond issued by a Taiwanese entity in the Taiwanese Domestic Bond market.
