Advanced Accounting Items
This section covers some advanced accounting items, such as hedging, non-controlling interests, financial instruments, contract accounting, etc.
Hybrid Securities – What are Mezzanine Debt?
Learn about Mezzanine Debt. Mezzanine Debt is medium term debt provided by a specialised mezzanine lender or mezzanine department of a commercial bank.
Debt Instruments – What is Commercial Paper?
Learn about Commercial Paper where it is an ‘IOU’ issued by a company for short term funding.
Debt Instruments – What are Medium Term Notes (MTN)?
Learn about Medium Term Notes where they are obligations for periods of over a year and up to 5 years, but longer maturities are possible to suit investor demand.
Debt Instruments – What are Corporate Bonds?
Learn about Corporate Bonds where they are issued for minimum amounts of USD100 million and sometimes for billions of dollars. Maturities are generally 5 to 10 years but in most markets can be for 25 years or longer.
Debt Instruments – What are Eurobonds?
Learn about Eurobonds where they are (strictly speaking) corporate bonds issued outside the issuer’s home country trading outside the jurisdiction of any particular country.
Debt Instruments – What is Yankee Bond?
Learn about Yankee Bond. Yankee Bond is a US domestic bond sold primarily to the US market, issued in dollars by a non-US issuer registered with the SEC.
Debt Instruments – What is 144A bond?
Learn about 144A bond, a quasi-public US bond, not registered with the SEC but tradable by qualifying institutional investors in secondary markets.
Debt Instruments – What is private placement?
Learn about private placement, debt or equity not traded nor listed but placed directly with a small group of investors who normally hold to maturity.