TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

TERM INVESTMENT GROWTH RECEIPT [1 record]

Record 1 2012-07-10

English

Subject field(s)
  • Investment
CONT

TIGR stands for Term Investment Growth Receipt and is an outgrowth of the fast-evolving zero-coupon or strip-bond market. ... With TIGR receipts, the coupons and face value of the bond represent a promise to pay a fixed amount at some future date. The price that the receipts fetch will depend on the time to maturity of the underlying coupon, the principal amount of the bond and the prevailing interest rates.

French

Domaine(s)
  • Investissements et placements
CONT

[...] Merrill Lynch vient tout récemment de lancer une première émission de $ 83 millions de Tigr (pour Term Investment Growth Receipts) que l'on a traduit par reçu d'investissement croissant à terme, [...] les Tigr série 1 sont des reçus de dépôt qui attestent de la propriété de paiements futurs d'intérêt et de capital spécifiques et identifiables en vertu d'obligations du gouvernement du Canada 14 % échéant le 1er octobre 2006 à être détenues par la compagnie de Fiducie Canada Permanent pour le compte des détenteurs de Tigr.

Spanish

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