The primary market is where organisations issue new securities to the general public. It is also referred to as the new issue…
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A term sheet is an agreement where two or more parties form a deal’s terms and conditions. The document holds a summary…
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Senior bonds are debt securities issued by institutions or companies. These bonds have a high-priority claim on an organisation’s assets during liquidation…
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Perpetual bonds are bonds without a maturity date. They are sometimes called “perps” or simply perpetual, and they are considered a kind…
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Banks use Tier II bonds to raise money and meet the regulatory norms according to the Basel III regulations. These bonds are…
