Assertion: debt instrument | /r/CapableOf | provide for a payment-in-kind feature
Facets:
Source sentences:
text: Complex debt instruments include debt instruments that provide for more than one rate of stated interest (such as those with stepped interest rates); convertible debt instruments; stripped bonds or coupons; debt instruments that require payment of either interest or principal in a non-U.S.-dollar currency; certain tax credit bonds; debt instruments that provide for a payment-in-kind feature; debt instruments issued by a non-U.S. issuer; debt instruments for which the terms of the instrument are not reasonably available to the broker within 90 days of the date of acquisition by the customer; debt instruments that are issued as part of an investment unit; debt instruments evidenced by a physical certificate, unless the certificate is held (whether directly or indirectly through a nominee, agent, or subsidiary) by a securities depository or by a clearing organization described in Regs.
text: Basis reporting applies to debt instruments acquired on or after Jan. 1, 2016, that are (1) a debt instrument that provides for more than one rate of stated interest (such as a debt instrument with stepped interest rates), (2) a convertible debt instrument, (3) a stripped bond or coupon, (4) a debt instrument that requires payment of either interest or principal in a non-U.S. dollar currency, (5) certain tax credit bonds, (6) a debt instrument that provides for a payment-in-kind feature, (7) a debt instrument issued by a non-U.S. issuer, (8) a debt instrument whose terms are not reasonably available to the broker within 90 days of the date the customer acquired the debt instrument, (9) a debt instrument issued as part of an investment unit, and (10) a debt instrument evidenced by a physical certificate unless the certificate is held (directly or through a nominee, agent, or subsidiary) by a securities depository or by a clearing organization.