Assertion: complex debt instrument | /r/CapableOf | strip coupon
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.