Glossary

Term

• ACS
• Agency issues
• Asset
• Asset quality
• Asset-backed securities
• Asset-covered securities

• Benchmark
• Benchmark Programme
• Bond
• Bookbuilding

• CDO
• CDS
• Commercial Paper
• Conduit
• Cover Asset Monitor
• Covered securities
• Credit Default Swap (CDS)
• Credit derivative
• Credit enhancement
• Credit-linked Note (CLN)

• Debt
• Debt securities
• Deposit
• Derivative

• Financial Engineering

• Hedge

• Irish Asset Covered Securities (ACS)
• Issuer

• Letter of Credit
• Liquidity facility

• Maturity
• Medium-term notes (MTN)
• MTN
• Municipal securities

• Off-balance sheet transactions
• Off-budget entities
• Origination
• Over-collateralisation

• Pfandbriefe
• PPP
• Private placement
• Privatisation
• Promissory Note Loan (Schuldscheindarlehen)
• Public-sector covered securities
• Public/Private Partnership (PPP)

• Rating
• Repo

• Schuldschein
• Securities repurchase transaction (Repo)
• Securitisation
• Special purpose entity
• Special purpose vehicle (SPV)
• Structured transaction
• Swap
• Syndicated Loan

• Tap issue

• Underwriting