What is a calculation agent?
The issuer is responsible for calculating the Variable Return payable to the investor and may be required to exercise their judgment in relation to the Notes.
Related Questions
- What is a PPN?
- Who issues PPNs?
- What is a Principal Amount?
- What is a PPN issue date?
- What is the term to maturity?
- What is the initial valuation date?
- What is the final valuation date?
- What is a basket/underlying benchmark?
- What is a PPN variable return?
- What is a PPN participation rate?
- What is a PPN Cap?
- What is a coupon minimum?
- What is an initial index level?
- What is a final index level?
- What is a secondary market?
- What are Notes that are Non-CDIC Protected?
- What is an Issuer Credit Rating?
- What is the PPN book-entry system?
- Do investors receive any information documents when they purchase a PPN?
- How are Principal Protected Notes (PPNs) taxed?
- What are some risks associatied with investing in PPNs?
- What is an Extraordinary Event?
- What is a Protection Event or Knock-out Scenario?
- What are Special Circumstances?
Investment considerations of PPNs
- What is the key feature of a PPN?
- How are PPNs marketed as a substitute for GIC and low yielding bonds?
- What you should know about PPNs?
- How does a PPN guarantee my principal?
- What are the risks with this type of guarantee?
- How shall I evaluate the risks of a guarantee?
- How does a PPN make a profit for its investors?
- What are the fees and expenses associated with PPNs?
- I think PPNs could be a good fit within my investment portfolio. Where should I begin my research?
- How do you know what your investment in a PPN is costing?
- I have found a PPN that guarantees a minimum of 1.0% and a maximum 6.25% annual coupon. It sounds great. Is it?