Debt Capital Markets · glossary
Short for packaged retail and insurance-based investment product: broadly, an investment whose payout moves with something outside it, such as market rates. One sold to savers needs a key information document. The Notes’ calls leave it unclear whether they are one, so they are not sold to savers. Prospectus, Important Notice · Chapter 8 · see Key information document
Explained in Chapter 8, Professional Investors Only: PRIIPs, the MiFID II Target Market and Selling Restrictions, of Debt Capital Markets.
PRIIP stands for packaged retail and insurance-based investment product. Broadly, it is an investment whose payout moves with something outside it, such as market rates. The PRIIPs Regulation requires a key information document for any PRIIP sold to retail investors in the European Economic Area. That is a short paper in a fixed form, written so that a saver can compare products.Read Chapter 8, Professional Investors Only: PRIIPs, the MiFID II Target Market and Selling Restrictions →
Chapter 1 and this glossary are open to everyone; the whole edition is free to read with a free account until 31 January, and it stays open to an account opened by then.Chapter 1 of Debt Capital Markets and this glossary are free to read; the rest of the edition is in the Library, at €12 a month or €79 for a Year Pass.
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This term is part of one complete fictional deal, with every document attached and a test after every chapter. Open Debt Capital Markets → · All terms A–Z →