Moody's Investors Service has released what it calls a "primer" on the
In the report, senior analyst Joseph M. Pimbley and managing director
These include floating-rate notes, callable notes, step-up callable
The authors also analyze "wolf in sheep's clothing" notes and "immature
Structured notes are widely held in the banking industry.
The authors point out that the notes can fall into any of three
Notes that incorporate more than one of these structures tend to be the