Credit Securities

• Corporate Bonds

  • Investment-Grade Bonds

    • Aaa/AAA Rated Bonds

      • Fixed-Rate Bonds

        • Short-Term Bonds

        • Medium-Term Bonds

        • Long-Term Bonds

      • Floating-Rate Bonds

        • LIBOR-Based Floating-Rate Bonds

        • SOFR-Based Floating-Rate Bonds

      • Zero-Coupon Bonds

    • Aa/AA Rated Bonds

      • Fixed-Rate Bonds

        • Short-Term Bonds

        • Medium-Term Bonds

        • Long-Term Bonds

      • Floating-Rate Bonds

        • LIBOR-Based Floating-Rate Bonds

        • SOFR-Based Floating-Rate Bonds

      • Zero-Coupon Bonds

  • High-Yield Bonds

    • Ba/BB Rated Bonds

      • Fixed-Rate Bonds

        • Short-Term Bonds

        • Medium-Term Bonds

        • Long-Term Bonds

      • Floating-Rate Bonds

        • LIBOR-Based Floating-Rate Bonds

        • SOFR-Based Floating-Rate Bonds

      • Zero-Coupon Bonds

    • B/Caa/CCC Rated Bonds

      • Fixed-Rate Bonds

        • Short-Term Bonds

        • Medium-Term Bonds

        • Long-Term Bonds

      • Floating-Rate Bonds

        • LIBOR-Based Floating-Rate Bonds

        • SOFR-Based Floating-Rate Bonds

      • Zero-Coupon Bonds

• Securitized Products

  • Mortgage-Backed Securities (MBS)

    • Residential Mortgage-Backed Securities (RMBS)

      • Prime RMBS

        • Fixed-Rate RMBS

        • Adjustable-Rate RMBS

      • Subprime RMBS

        • Fixed-Rate RMBS

        • Adjustable-Rate RMBS

    • Commercial Mortgage-Backed Securities (CMBS)

      • Fixed-Rate CMBS

      • Floating-Rate CMBS

  • Asset-Backed Securities (ABS)

    • Consumer ABS

      • Auto Loan ABS

        • Prime Auto Loan ABS

        • Subprime Auto Loan ABS

      • Credit Card ABS

        • Revolving Credit Card ABS

        • Installment Credit Card ABS

    • Business ABS

      • Trade Receivables ABS

        • Single-Seller Trade Receivables ABS

        • Multi-Seller Trade Receivables ABS

      • Equipment Lease ABS

        • Operating Lease ABS

        • Finance Lease ABS

  • Collateralized Debt Obligations (CDOs)

    • Collateralized Loan Obligations (CLOs)

      • Senior CLOs

      • Mezzanine CLOs

      • Equity CLOs

    • Collateralized Bond Obligations (CBOs)

      • Investment-Grade CBOs

      • High-Yield CBOs

  • Collateralized Mortgage Obligations (CMOs)

    • Sequential Pay CMOs

    • Planned Amortization Class (PAC) CMOs

    • Targeted Amortization Class (TAC) CMOs

• Credit Derivatives

  • Credit Default Swaps (CDS)

    • Single-Name CDS

      • Standard Single-Name CDS

      • Customized Single-Name CDS

    • Index CDS

      • CDX Index

        • Investment-Grade CDX

        • High-Yield CDX

      • iTraxx Index

        • iTraxx Europe

        • iTraxx Asia

  • Total Return Swaps (TRS)

    • Single-Asset TRS

      • Single-Name TRS

      • Single-Sector TRS

    • Index TRS

      • Equity Index TRS

      • Credit Index TRS

  • Credit-Linked Notes (CLNs)

    • Single-Name CLNs

      • Standard CLNs

      • Structured CLNs

    • Index CLNs

      • CDX CLNs

      • iTraxx CLNs

• Structured Credit Products

  • Structured Credit Bonds

    • Synthetic CDOs

      • CDO Squared

      • CDO Cubed

    • Balance Sheet CDOs

      • Traditional Balance Sheet CDOs

      • Cash Flow CDOs

  • Structured Credit Notes

    • Credit-Linked Notes (CLNs)

      • Standard CLNs

      • Structured CLNs

    • Asset-Backed Credit Notes

      • Asset-Backed CLNs

      • Collateralized Credit Notes

• Convertible Securities

  • Convertible Bonds

    • Standard Convertible Bonds

      • Fixed-Rate Convertible Bonds

      • Floating-Rate Convertible Bonds

    • Mandatory Convertible Bonds

      • Equity-Linked Mandatory Convertible Bonds

      • Debt-Linked Mandatory Convertible Bonds

  • Convertible Preferred Stocks

    • Standard Convertible Preferred Stocks

      • Fixed-Rate Convertible Preferred Stocks

      • Floating-Rate Convertible Preferred Stocks

    • Participating Convertible Preferred Stocks

      • Participating Fixed-Rate Convertible Preferred Stocks

      • Participating Floating-Rate Convertible Preferred Stocks

• Credit-Linked Investment Products

  • Credit-Linked Structured Products

    • Credit-Linked Structured Notes

      • Principal-Protected Credit-Linked Notes

        • Zero-Coupon Principal-Protected Notes

        • Coupon-Paying Principal-Protected Notes

      • Non-Principal-Protected Credit-Linked Notes

        • Callable Credit-Linked Notes

        • Puttable Credit-Linked Notes

    • Credit-Linked Investment Certificates

      • Fixed-Rate Credit-Linked Certificates

      • Floating-Rate Credit-Linked Certificates

• Credit Insurance Products

  • Credit Default Insurance

    • Single-Name Credit Default Insurance

      • Standard Coverage

      • Customized Coverage

    • Index Credit Default Insurance

      • CDX Index Insurance

      • iTraxx Index Insurance

  • Credit Guarantees

    • Government Credit Guarantees

      • Sovereign Guarantees

      • State Guarantees

    • Private Sector Credit Guarantees

      • Bank Guarantees

      • Insurance Company Guarantees