Stock Participating Accreting Redemption Quarterly-Pay Securities
(redirected from SPARQS)

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Stock Participating Accreting Redemption Quarterly-Pay Securities

A callable bond that pays coupons in cash, but, upon maturity, is redeemed for a certain number of shares in the company issuing the bond. If it is called, the issuer must pay all interest that would have been paid had the SPARQS been held until maturity; companies call these bonds after their stock has risen quickly since they do not wish to distribute them for free. SPARQS exist to provide the low risk of a bond while also exposing the investor to the stock market. Morgan Stanley underwrites SPARQS.

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No references found			8% SPARQS due April 15, 2003 Mandatorily Exchangeable for American Depositary Receipts Representing Ordinary Shares of Nokia Corporation (The amendments will also affect an acceleration event triggered by delisting of the ADRs. Morgan Stanley Changes Calculation Methodology for Certain ... by Business Wire			Source of Funds Seller Sources and Applications of Funds Statement Sources and Uses of Funds Statement Sous-emploi Souscription South African Futures Exchange South African Pound South African Rand South Asian Association for Regional Cooperation South Korean Won Southern African Customs Union Southern African Development Community Sovereign Sovereign Risk Sovereign Wealth Fund Sovereignty Soviet Ruble SOX SOXS Sozialhilfe space planning space pocket Span SPAN Margin Spark Spread SPARQS SPARQSSM Spave SPDR SPDRs SPE Spear spec spec house special agent special arbitrage account special assessment Special Assessment Bond special assessment district special benefits Special Bid Special Bond Account Special Call Special Cash Account Special Claim on Residual Equity special conditions Special Dividend Special Drawing Rights Special Meeting Special Memorandum Account Special Miscellaneous Account			Sparks Flew sparks fly Sparks Memorial-Treutlen County Branch Library Sparks, Jared sparky Sparky Schulz SPARL sparling sparlings Sparlon Sparlyre SPARM Sparmannia Sparmannia Sparmannia africana SPARN Sparnacean SPARO Sparoid SPARPES Sparpiece Sparpiece Sparpoil Sparq SparQ disk SPARQL SPARQL SPARQL SPARQL SPARQS SPARQSSM SPARR SPARRC sparred sparred sparred Sparred owl sparring sparring sparring sparring match sparring mate sparring partner sparring partner sparring partner sparring partners sparring partners Sparring weapon Sparring weapon Sparrmannia africana sparrow sparrow sparrow sparrow Sparrow bill sparrow hawk sparrow hawk Sparrow Hills Sparrow owl sparrow peck

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Stock Participating Accreting Redemption Quarterly-Pay Securities (redirected from SPARQS)

Stock Participating Accreting Redemption Quarterly-Pay Securities
(redirected from SPARQS)