A fixed-income security that tracks common stock listings on the Australian Stock Exchange. The bond pays a coupon rate based upon the performance of the index. It carries a four-year maturity and pays zero coupon if the index fails to reach a predetermined level.
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A zero-coupon bond with a return linked to the Australian all-ordinaries stock index. The bond has a four-year maturity and is repayable at face value, with a ...
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Definition of Australian stock price riskless indexed note (ASPIRIN): A fixed- income security that tracks common stock listings on the Australian Stock Exchange.
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Australian Stock Price Riskless Indexed Note (ASPIRIN) - A zero-coupon bond with a return linked to the Australian all-ordinaries stock index.
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Australian Stock Price Riskless Indexed Note (ASPIRIN) - A zero-coupon bond with a return linked to the Australian all-ordinaries stock index. The bond has a ...