minibond
English
Etymology
From mini- + bond. The sense "credit-linked note" derives from the brand name Minibond, under which these were marketed by Lehman Brothers prior to the fall of 2008.
Noun
minibond (plural minibonds)
- (finance, chiefly East Asia) A credit-linked note.
- 2008, December 5, “HKAB stops minibond buybacks”, in Hong Kong Standard:
- The Hong Kong Association of Banks confirmed that the association has stopped buying back Lehman Brothers' minibonds as the legal risk keeps increasing.
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- (finance) A relatively small bond issue.
- 2000, July 7, “Archived copy”, in New School Board Members Upbeat, archived from the original on 9 January 2009, retrieved 26 December 2008:
- Failing that, consideration would have to be given this fall to a minibond to address short term needs.
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