Dictionary

Structure or Category

From the Collaborative Bond and Money Market Data Portal

Structure or Category is a classification that is given to a Debt Instrument by a market participant or by CMDportal on a best efforts basis. This therefore is not a legal term and so is distinct from what may be found in a Termsheet or Pricing Supplement. It is a clarification that is useful in distinguishing different types of Debt Instruments in various market segments.


In Vanilla Markets, Structure or Category expresses Coupon Type.

In Interest Rate, Foreign Exchange and Equity Linked Markets, Structure or Category expresses the Structure by which the Instrument is exposed to movements in the price of the relevant linked asset, for example a Reverse Convertible Single Stock.

In Commodity Linked Markets, Structure or Category expresses the Commodity to which movements in the price of the instrument is exposed, for example a Gold Linker.

In Credit Linked Markets, Structure or Category expresses the Type of Credit to which movements in the price of the instrument is exposed, for example a Credit Linked (Corporate).

In Risk Linked Markets, Structure or Category expresses the Type of Risk to which the value of the instrument is exposed, for example a natrural disaster or catastrophe.

In the Collaborative Market Data Model we distinguish the following Structure or Category groups:

  • Vanilla
  • Interest Rate Linked
  • Foreign Exchange Linked
  • Equity Linked
  • Commodity Linked
  • Credit Linked
  • Risk Linked
  • Other
  • Unknown
In the Collaborative Bond and Money Market Data model the Structure or Category appears as a Field.

 

For information on issues in the Vanilla, Interest Rate Linked, Foreign Exchange Linked, Equity Linked, Commodity Linked or Credit Linked Bond and Money markets, please use the Instrument Search tool.

For information on the current size and composition of the Vanilla, Interest Rate Linked, Foreign Exchange Linked, Equity Linked, Commodity Linked or Credit Linked Bond and Money, please use the Data Sheet tool.

For information on active issuers in the Vanilla, Interest Rate Linked, Foreign Exchange Linked, Equity Linked, Commodity Linked or Credit Linked Bond and Money, please use the Issuer Search tool.

For information on active dealers in the Vanilla, Interest Rate Linked, Foreign Exchange Linked, Equity Linked, Commodity Linked or Credit Linked Bond and Money market, please use the Dealer Search tool.