RIXML Documentation

SecurityTypeEnum

RIXML 2.5 Enumeration

99 values

A comprehensive enumeration that categorizes different types of financial instruments and securities. Covers debt securities like bonds and notes, equity instruments, derivatives, commodities, structured products, and various specialized security types across global markets.

Usage

Required attribute on SecurityType elements to specify the exact type of security being discussed. Used in conjunction with AssetClass and AssetType for complete security classification.

Business Context

Essential for proper security categorization in research distribution, risk management, and regulatory compliance. Enables precise filtering and routing of research to appropriate audiences based on their investment mandates and expertise areas.

Source:data-dictionary-2.5.1
Schema:RIXML-datatypes-2_5.xsd:251

Where It Fits

Elements using this type (1)

Definition

Base Typestring

Enumeration Values

Bonds
Bonds

Debt securities where issuers are obligated to pay periodic interest and repay principal at maturity

Use for fixed-income securities that pay regular coupon payments and return principal at maturity, including corporate, municipal, treasury, and sovereign bonds [RIXML Research Data Dictionary v2.5.1 p.106]

ActiveSince 2.1
DiscountNotesAndBills
Discount Notes And Bills

Short-term debt securities sold at discount to face value with no interim interest payments, maturing at par typically within one year

Apply for zero-coupon short-term instruments including Treasury bills and similar discount securities with maturities up to one year [RIXML Research Data Dictionary v2.5.1 p.106]

ActiveSince 2.1
FixedRateNotes
Fixed Rate Notes

Debt securities paying a predetermined fixed interest rate throughout the life of the instrument until principal repayment at maturity

Use for notes with unchanging coupon rates, providing predictable income streams to investors [RIXML Research Data Dictionary v2.5.1 p.106]

ActiveSince 2.1
FloatingRateNotes
Floating Rate Notes

Notes with variable interest rates that adjust periodically based on money market reference rates plus a fixed spread

Use for debt instruments where coupon payments fluctuate with market interest rates, typically reset every six months [RIXML Research Data Dictionary v2.5.1 p.109]

ActiveSince 2.1
MediumTermNotes
Medium Term Notes

Debt securities with typical maturities of 5-10 years, though terms may range from one year upward

Apply for corporate debt instruments in the medium-term maturity range, including Euro Medium-Term Notes when denominated in euros [RIXML Research Data Dictionary v2.5.1 p.109]

ActiveSince 2.1
CommercialPaper
Commercial Paper

Unsecured short-term debt instruments issued by large corporations and banks with maturities of 270 days or less for working capital needs

Apply for short-term corporate financing instruments used for inventory purchases and working capital management rather than long-term investments [RIXML Research Data Dictionary v2.5.1 p.110]

ActiveSince 2.1
BankerAcceptances
Banker Acceptances

Short-term credit instruments created by non-financial firms with payment guaranteed by banks, typically maturing within six months

Use for trade finance instruments where banks guarantee payment obligations of their customers [RIXML Research Data Dictionary v2.5.1 p.110]

ActiveSince 2.1
Deposits
Deposits

Accounts at financial institutions that hold money on behalf of account holders, potentially earning interest or incurring fees

Use for basic banking deposit products that may pay interest or charge fees for holding funds [RIXML Research Data Dictionary v2.5.1 p.110]

ActiveSince 2.1
EuroBonds
Euro Bonds

Bonds issued in currencies other than the currency of the country or market where they are issued, including Euroyen and Eurodollar bonds

Apply for international bonds denominated in foreign currencies and issued outside the issuer's home country [RIXML Research Data Dictionary v2.5.1 p.110]

ActiveSince 2.1
EuroDenominatedNotes
Euro Denominated Notes

Debt securities with up to 10-year maturities denominated in euros, including Euro Medium-Term Notes

Use for euro-denominated debt instruments in the medium-term maturity range [RIXML Research Data Dictionary v2.5.1 p.110]

ActiveSince 2.1
InflationLinkedBonds
Inflation Linked Bonds

Bonds offering protection against inflation fluctuations through yields that adjust monthly based on consumer price index changes

Apply for bonds that provide inflation hedging through adjustable yields tied to inflation measures [RIXML Research Data Dictionary v2.5.1 p.110]

ActiveSince 2.1
Strips
Strips

Separated interest and principal components of Treasury notes, bonds, and TIPS that trade individually in secondary markets

Use for Treasury securities that have been stripped into separate interest and principal components by dealers [RIXML Research Data Dictionary v2.5.1 p.111]

ActiveSince 2.1
Repo
Repo

Repurchase agreements where securities are sold for cash with agreement to repurchase at higher price, functioning as collateralized loans

Apply for short-term financing arrangements using securities as collateral, including both repo and reverse repo transactions [RIXML Research Data Dictionary v2.5.1 p.111]

ActiveSince 2.1
SamuraiNotes
Samurai Notes

Yen-denominated debt securities issued in Japan by foreign companies or governments, subject to Japanese regulations

Use for foreign debt issues in the Japanese market denominated in yen, including both notes and bonds [RIXML Research Data Dictionary v2.5.1 p.111]

ActiveSince 2.1
YankeeNotes
Yankee Notes

US Dollar-denominated debt securities issued in the United States by foreign institutions or governments

Apply for foreign debt issues in the US market denominated in dollars, including both notes and bonds [RIXML Research Data Dictionary v2.5.1 p.111]

ActiveSince 2.1
ConvertiblePreferred
Convertible Preferred

Preferred stock securities that grant holders the option to convert their preferred shares into a predetermined number of common shares, typically after a specified date, with value ultimately tied to the underlying common stock performance

Use when research covers preferred stocks that include conversion features allowing transformation to common shares, whether conversion is shareholder-initiated or company-forced [RIXML Research Data Dictionary v2.5.1 p.111]

ActiveSince 2.1
ConvertibleStructured
Convertible Structured

Structured financial instruments incorporating convertible securities as components, designed as complex hybrid products rather than traditional convertibles

Note that this security type will not be assigned to research reports according to the specification [RIXML Research Data Dictionary v2.5.1 p.111]

ActiveSince 2.1
Warrants
Warrants

Securities providing holders the right, without obligation, to purchase a specific quantity of securities at a predetermined price before expiration, often included as sweeteners in debt offerings

Use when research covers warrant securities that grant purchase rights on underlying securities, commonly attached to new debt issues as investor incentives [RIXML Research Data Dictionary v2.5.1 p.111]

ActiveSince 2.1
Futures
Futures

Standardized exchange-traded contracts obligating parties to buy or sell specific assets at predetermined future dates and prices, with high leverage capabilities and margin requirements

Use when research covers standardized derivative contracts traded on formal exchanges with daily margin settlement, whether for hedging or speculation purposes [RIXML Research Data Dictionary v2.5.1 p.112]

ActiveSince 2.1
Swaps
Swaps

Agreements to exchange payment streams over time according to specified terms, including interest rate, currency, credit default, asset, equity, and total return variations

Use when research covers derivative agreements involving the exchange of cash flows, payments, or returns between counterparties over specified periods [RIXML Research Data Dictionary v2.5.1 p.112]

ActiveSince 2.1
Options
Options

Derivative securities traded on exchanges or over-the-counter that provide rights without obligations to buy (call) or sell (put) underlying assets at specified prices before expiration dates

Use when research covers call or put option contracts on various underlying assets, whether for hedging strategies or speculative purposes [RIXML Research Data Dictionary v2.5.1 p.113]

ActiveSince 2.1
Swaptions
Swaptions

Options granting the right without obligation to enter into specified interest rate swap agreements on future dates, purchased for option premiums

Use when research covers option contracts specifically designed to provide entry rights into interest rate swap arrangements [RIXML Research Data Dictionary v2.5.1 p.114]

ActiveSince 2.1
StructuredNotes
Structured Notes

Hybrid securities combining debt instrument components with embedded derivatives, featuring customized interest payments tied to various indices or rates rather than standard fixed or floating coupons

Use when research covers complex debt securities with embedded options, caps, floors, or call features that modify traditional interest payment structures [RIXML Research Data Dictionary v2.5.1 p.114]

ActiveSince 2.1
PrivatePlacements144A
Private Placements144A

Securities sold through private rather than public placements to limited qualified institutional buyers, exempt from SEC registration requirements and following Rule 144A trading provisions

Use when research covers privately placed securities available only to qualified institutional investors under SEC Rule 144A trading arrangements [RIXML Research Data Dictionary v2.5.1 p.115]

ActiveSince 2.1
Common
Common

Equity securities representing corporate ownership with voting rights for board elections and corporate policy decisions, ranking last in liquidation priority after debt holders and preferred shareholders

Use when research covers ordinary shares providing corporate ownership and control rights through voting mechanisms [RIXML Research Data Dictionary v2.5.1 p.115]

ActiveSince 2.1
Preferred
Preferred

Equity securities representing corporate ownership with higher claims on assets and earnings than common shares, typically lacking voting rights but providing dividend priority and liquidation preference

Use when research covers preferred share securities that offer enhanced dividend and asset claims without standard voting privileges [RIXML Research Data Dictionary v2.5.1 p.115]

ActiveSince 2.1
ADRGDR
ADRGDR

Depositary receipts representing foreign company shares held by banks, with ADRs for US markets denominated in dollars and GDRs for global markets traded across multiple countries

Use when research covers American Depositary Receipts or Global Depositary Receipts that provide access to foreign company shares through domestic market trading [RIXML Research Data Dictionary v2.5.1 p.115]

ActiveSince 2.1
ClosedEndFund
Closed End Fund

Mutual funds with fixed share counts that trade on exchanges like stocks without issuing new shares or redeeming existing ones, with prices determined by market demand relative to net asset value

Use when research covers investment funds with fixed share structures trading at premiums or discounts to their underlying net asset values [RIXML Research Data Dictionary v2.5.1 p.115]

ActiveSince 2.1
OpenEndFund
Open End Fund

Mutual funds without share count restrictions that continuously issue new shares and redeem existing ones based on demand, priced according to net asset value with active management

Use when research covers traditional mutual funds that create and redeem shares daily based on investor demand at net asset value pricing [RIXML Research Data Dictionary v2.5.1 p.116]

ActiveSince 2.1
Gold
Gold

Financial instruments for gold transactions including spot market contracts and derivative contracts with gold as the underlying asset such as futures, forwards, and options

Use when research covers gold-based financial instruments whether for spot market trading or derivatives exposure to gold price movements [RIXML Research Data Dictionary v2.5.1 p.116]

ActiveSince 2.1
Silver
Silver

Financial instruments for silver transactions including spot market contracts and derivative contracts with silver as the underlying asset such as futures, forwards, and options

Use when research covers silver-based financial instruments whether for spot market trading or derivatives exposure to silver price movements [RIXML Research Data Dictionary v2.5.1 p.116]

ActiveSince 2.1
Steel
Steel

Financial instruments for steel transactions including spot market contracts and derivative contracts with steel as the underlying asset such as futures, forwards, and options

Use when research covers steel-based financial instruments whether for spot market trading or derivatives exposure to steel price movements [RIXML Research Data Dictionary v2.5.1 p.116]

ActiveSince 2.1
Aluminum
Aluminum

Financial instruments for aluminum transactions including spot market contracts and derivative contracts with aluminum as the underlying asset such as futures, forwards, and options

Use when research covers aluminum-based financial instruments whether for spot market trading or derivatives exposure to aluminum price movements [RIXML Research Data Dictionary v2.5.1 p.116]

ActiveSince 2.1
Platinum
Platinum

Financial instruments for platinum transactions including spot market contracts and derivative contracts with platinum as the underlying asset such as futures, forwards, and options

Use when research covers platinum-based financial instruments whether for spot market trading or derivatives exposure to platinum price movements [RIXML Research Data Dictionary v2.5.1 p.116]

ActiveSince 2.1
Copper
Copper

Financial instruments for copper transactions including spot market contracts and derivative contracts with copper as the underlying asset such as futures, forwards, and options

Use when research covers copper-based financial instruments whether for spot market trading or derivatives exposure to copper price movements [RIXML Research Data Dictionary v2.5.1 p.116]

ActiveSince 2.1
Soybeans
Soybeans

Financial instruments for soybean transactions including spot market contracts and derivative contracts with soybeans as the underlying asset such as futures, forwards, and options

Use when research covers soybean-based financial instruments whether for spot market trading or derivatives exposure to soybean price movements [RIXML Research Data Dictionary v2.5.1 p.116]

ActiveSince 2.1
Wheat
Wheat

Financial instruments for wheat transactions including spot market contracts and derivative contracts with wheat as the underlying asset such as futures, forwards, and options

Use when research covers wheat-based financial instruments whether for spot market trading or derivatives exposure to wheat price movements [RIXML Research Data Dictionary v2.5.1 p.116]

ActiveSince 2.1
Corn
Corn

Financial instruments for corn transactions including spot market contracts and derivative contracts with corn as the underlying asset such as futures, forwards, and options

Use when research covers corn-based financial instruments whether for spot market trading or derivatives exposure to corn price movements [RIXML Research Data Dictionary v2.5.1 p.117]

ActiveSince 2.1
Coffee
Coffee

Financial instruments for coffee transactions including spot market contracts and derivative contracts with coffee as the underlying asset such as futures, forwards, and options

Use when research covers coffee-based financial instruments whether for spot market trading or derivatives exposure to coffee price movements [RIXML Research Data Dictionary v2.5.1 p.117]

ActiveSince 2.1
Cocoa
Cocoa

Financial instruments for cocoa transactions including spot market contracts and derivative contracts with cocoa as the underlying asset such as futures, forwards, and options

Use when research covers cocoa-based financial instruments whether for spot market trading or derivatives exposure to cocoa price movements [RIXML Research Data Dictionary v2.5.1 p.117]

ActiveSince 2.1
OrangeJuice
Orange Juice

Financial instruments for orange juice transactions including spot market contracts and derivative contracts with orange juice as the underlying asset such as futures, forwards, and options

Use when research covers orange juice-based financial instruments whether for spot market trading or derivatives exposure to orange juice price movements [RIXML Research Data Dictionary v2.5.1 p.117]

ActiveSince 2.1
Cotton
Cotton

Financial instruments for cotton transactions including spot market contracts and derivative contracts with cotton as the underlying asset such as futures, forwards, and options

Use when research covers cotton-based financial instruments whether for spot market trading or derivatives exposure to cotton price movements [RIXML Research Data Dictionary v2.5.1 p.117]

ActiveSince 2.1
Sugar
Sugar

Financial instruments for sugar transactions including spot market contracts and derivative contracts with sugar as the underlying asset such as futures, forwards, and options

Use when research covers sugar-based financial instruments whether for spot market trading or derivatives exposure to sugar price movements [RIXML Research Data Dictionary v2.5.1 p.117]

ActiveSince 2.1
Livestock
Livestock

Financial instruments for livestock transactions including spot market contracts and derivative contracts with livestock as the underlying asset such as futures, forwards, and options

Use when research covers livestock-based financial instruments whether for spot market trading or derivatives exposure to livestock price movements [RIXML Research Data Dictionary v2.5.1 p.117]

ActiveSince 2.1
JetFuel
Jet Fuel

Financial instruments for jet fuel transactions including spot market contracts and derivative contracts with jet fuel as the underlying asset such as futures, forwards, and options

Use when research covers jet fuel-based financial instruments whether for spot market trading or derivatives exposure to jet fuel price movements [RIXML Research Data Dictionary v2.5.1 p.117]

ActiveSince 2.1
Gasoline
Gasoline

Financial instruments for gasoline transactions including spot market contracts and derivative contracts with gasoline as the underlying asset such as futures, forwards, and options

Use when research covers gasoline-based financial instruments whether for spot market trading or derivatives exposure to gasoline price movements [RIXML Research Data Dictionary v2.5.1 p.117]

ActiveSince 2.1
Gas
Gas

Financial instruments for natural gas transactions including spot market contracts and derivative contracts with gas as the underlying asset such as futures, forwards, and options

Use when research covers natural gas-based financial instruments whether for spot market trading or derivatives exposure to gas price movements [RIXML Research Data Dictionary v2.5.1 p.118]

ActiveSince 2.1
Crude
Crude

Financial instruments for crude oil transactions including spot market contracts and derivative contracts with crude oil as the underlying asset such as futures, forwards, and options

Use when research covers crude oil-based financial instruments whether for spot market trading or derivatives exposure to crude oil price movements [RIXML Research Data Dictionary v2.5.1 p.118]

ActiveSince 2.1
Electricity
Electricity

Financial instruments for electricity transactions including spot market contracts and derivative contracts with electricity as the underlying asset such as futures, forwards, and options

Use when research covers electricity-based financial instruments whether for spot market trading or derivatives exposure to electricity price movements [RIXML Research Data Dictionary v2.5.1 p.118]

ActiveSince 2.1
EuroDollars
Euro Dollars

US dollar-denominated deposits held at banks outside the United States, operating under reduced regulation compared to domestic banks and allowing narrower operating margins

Use when research covers dollar deposits in foreign banks or foreign branches of American banks that fall outside Federal Reserve jurisdiction [RIXML Research Data Dictionary v2.5.1 p.118]

ActiveSince 2.1
Currency
Currency

Financial instruments with currencies as underlying assets including currency swaps, currency options, currency futures, and currency forward contracts

Use when research covers derivative instruments specifically designed to provide exposure to currency exchange rate movements and foreign exchange markets [RIXML Research Data Dictionary v2.5.1 p.118]

ActiveSince 2.1
GermanPfandbrief
German Pfandbrief

European covered bonds issued by German mortgage banks and collateralized by long-term assets, representing the largest segment of German private debt market with high safety ratings

Use when research covers German mortgage bank bonds backed by long-term asset collateral, considered among the safest private market debt instruments [RIXML Research Data Dictionary v2.5.1 p.118]

ActiveSince 2.1
FrenchObligationsFoncieres
French Obligations Foncieres

French covered bonds backed by highly collateralized or publicly guaranteed debt obligations, offering competitive ratings, excellent liquidity, and preferential creditor rights in issuer bankruptcy

Use when research covers French covered bond securities with superior collateralization and bankruptcy protection features for bondholders [RIXML Research Data Dictionary v2.5.1 p.118]

ActiveSince 2.1
SpanishCedulaHipotecaria
Spanish Cedula Hipotecaria

Spanish covered mortgage bonds backed exclusively by mortgage loans with preferential creditor status and conservative loan-to-value requirements

Use for Spanish mortgage-backed securities that are collateralized by the issuer's entire mortgage pool and provide privileged status to bondholders [RIXML Research Data Dictionary v2.5.1 p.119]

ActiveSince 2.1
LuxembourgLettresDeGage
Luxembourg Lettres De Gage

European covered bonds secured by registered collateral pools, available as mortgage-backed or public sector asset-backed variants

Use for Luxembourg covered bonds where assets in collateral pools must provide sufficient cash flows to meet bond liabilities [RIXML Research Data Dictionary v2.5.1 p.119]

ActiveSince 2.1
REITS
REITS

Exchange-traded corporations or trusts that pool investor capital to purchase and manage income-producing real estate properties or mortgage loans

Use for real estate investment trusts that provide liquid exposure to real estate markets without direct property ownership [RIXML Research Data Dictionary v2.5.1 p.119]

ActiveSince 2.1
ETF
ETF

Exchange-traded securities that track index funds but can be traded intraday like individual stocks, offering diversification with stock-like convenience

Use for investment vehicles that provide broad market exposure through a single tradeable security that combines mutual fund diversification with stock liquidity [RIXML Research Data Dictionary v2.5.1 p.119]

ActiveSince 2.1
Genussescheine
Genussescheine

German profit participation certificates that grant holders rights to net profits or liquidation proceeds without voting rights

Use for German securities that provide financial participation in company performance but exclude shareholder governance rights [RIXML Research Data Dictionary v2.5.1 p.119]

ActiveSince 2.1
ParticpationCertificates
Particpation Certificates

Investment instruments that provide pro rata ownership in specific pledged revenue streams rather than direct security in those revenues

Use for certificates that entitle holders to participate in lease payments or other revenue streams passed through from a trustee [RIXML Research Data Dictionary v2.5.1 p.120]

ActiveSince 2.1
BulldogBonds
Bulldog Bonds

Sterling-denominated bonds issued in the London market by non-British entities

Use for foreign government or corporate bonds denominated in British pounds and issued in the UK market [RIXML Research Data Dictionary v2.5.1 p.120]

ActiveSince 2.1
AssetBackedCommercialPaper
Asset Backed Commercial Paper

Short-term investment vehicles with 90-180 day maturities, typically issued by banks and backed by physical assets like trade receivables

Use for short-term financing instruments backed by underlying asset pools, commonly used for working capital needs [RIXML Research Data Dictionary v2.5.1 p.106]

ActiveSince 2.4
EuroCommercialPaper
Euro Commercial Paper

Unsecured short-term loans issued in international money markets, denominated in currencies different from the issuer's domestic currency

Use for short-term corporate financing instruments issued outside the issuer's home country in foreign currencies [RIXML Research Data Dictionary v2.5.1 p.107]

ActiveSince 2.4
CertificateOfDeposit
Certificate Of Deposit

Bank-issued savings certificates with fixed interest rates, specific maturity dates, and FDIC insurance, typically ranging from one month to five years

Use for bank deposit products that offer guaranteed returns with federal deposit insurance protection [RIXML Research Data Dictionary v2.5.1 p.109]

ActiveSince 2.4
Index
Index

Statistical measures tracking changes in securities markets or economies, used to construct index funds and ETFs

Apply when referencing market benchmarks or indices that represent specific markets or market segments [RIXML Research Data Dictionary v2.5.1 p.110]

ActiveSince 2.4
InterbankOfferRateFixings
Interbank Offer Rate Fixings

Interest rate benchmarks such as LIBOR, representing rates at which creditworthy banks lend to each other in interbank markets

Use when referencing benchmark interest rates that serve as reference points for floating rate securities and derivatives [RIXML Research Data Dictionary v2.5.1 p.109]

ActiveSince 2.4
BuildAmericaBonds
Build America Bonds

Taxable municipal bonds introduced in 2009 featuring federal tax credits or subsidies to reduce borrowing costs for state and local governments

Apply for the specific category of taxable municipal bonds created under the American Recovery and Reinvestment Act [RIXML Research Data Dictionary v2.5.1 p.108]

ActiveSince 2.4
GeneralObligationBonds
General Obligation Bonds

Municipal bonds backed by the full credit and taxing authority of the issuing government jurisdiction

Apply for municipal bonds supported by the general revenue and taxing power of the issuer rather than specific project revenues [RIXML Research Data Dictionary v2.5.1 p.106]

ActiveSince 2.4
RevenueBonds
Revenue Bonds

Municipal bonds supported by revenues generated from specific projects such as toll roads, bridges, highways, or stadiums

Use for municipal bonds where repayment depends on revenues from the financed project rather than general government resources [RIXML Research Data Dictionary v2.5.1 p.107]

ActiveSince 2.4
TreasuryBills
Treasury Bills

Short-term U.S. government debt obligations with maturities under one year, sold at discount and maturing at par value

Apply for the shortest-term Treasury securities typically issued with one month, three month, or six month maturities [RIXML Research Data Dictionary v2.5.1 p.109]

ActiveSince 2.4
TreasuryNotes
Treasury Notes

Marketable U.S. government debt securities with fixed interest rates and maturities between one and ten years

Apply for medium-term Treasury securities that can be purchased through competitive or non-competitive bidding [RIXML Research Data Dictionary v2.5.1 p.109]

ActiveSince 2.4
TreasuryBonds
Treasury Bonds

Marketable U.S. government debt securities with fixed interest rates and maturities exceeding ten years, with semi-annual interest payments

Use for long-term Treasury securities subject only to federal taxation, not state or local taxes [RIXML Research Data Dictionary v2.5.1 p.109]

ActiveSince 2.4
TreasuryInflationProtectedSecurities
Treasury Inflation Protected Securities

Treasury securities with principal adjusted for inflation based on Consumer Price Index changes while maintaining fixed interest rates

Apply for U.S. government bonds that provide protection against inflation risk through principal adjustments [RIXML Research Data Dictionary v2.5.1 p.108]

ActiveSince 2.4
TaxableMunicipalBonds
Taxable Municipal Bonds

Municipal bonds whose interest income is subject to federal taxation, typically issued for projects not providing significant public benefit

Apply for municipal bonds that do not qualify for federal tax exemption due to the nature of the financed project [RIXML Research Data Dictionary v2.5.1 p.107]

ActiveSince 2.4
NonTaxableMunicipalBonds
Non Taxable Municipal Bonds

Municipal bonds with interest payments exempt from federal, state, and local taxes, also known as triple tax-exempt bonds

Apply for traditional municipal bonds that provide tax advantages to investors through tax-exempt interest income [RIXML Research Data Dictionary v2.5.1 p.107]

ActiveSince 2.4
ConsumerAssetBackedSecurities
Consumer Asset Backed Securities

No description available

ActiveSince 2.4
CollateralizedMortgageObligations
Collateralized Mortgage Obligations

Mortgage-backed securities that separate cash flows into different tranches with varying maturities and payment priorities

Use for complex mortgage securities that redistribute cash flows from underlying mortgages into different risk/return profiles [RIXML Research Data Dictionary v2.5.1 p.107]

ActiveSince 2.4
CommercialMortgageBackedSecurities
Commercial Mortgage Backed Securities

Mortgage-backed securities collateralized by loans on commercial real estate properties, providing liquidity to commercial real estate markets

Apply for structured securities backed by pools of commercial property mortgages [RIXML Research Data Dictionary v2.5.1 p.107]

ActiveSince 2.4
ResidentialMortgageBackedSecurities
Residential Mortgage Backed Securities

Bond securities backed by mortgages on residential rather than commercial real estate properties

Apply for mortgage-backed securities collateralized by home mortgages and other residential property loans [RIXML Research Data Dictionary v2.5.1 p.107]

ActiveSince 2.4
AgencyMortgageBackedSecurities
Agency Mortgage Backed Securities

Securities issued by government-sponsored enterprises like Ginnie Mae, Fannie Mae, or Freddie Mac, backed by pools of mortgage loans

Apply for mortgage securities with implicit or explicit government backing through GSEs [RIXML Research Data Dictionary v2.5.1 p.108]

ActiveSince 2.4
CMBX
CMBX

Credit derivative indexes comprising 25 commercial mortgage-backed security tranches with different credit ratings, traded through credit default swaps

Use for synthetic instruments that allow trading of commercial mortgage credit risk through standardized index products [RIXML Research Data Dictionary v2.5.1 p.107]

ActiveSince 2.4
PlannedAmortizationClassBonds
Planned Amortization Class Bonds

Mortgage-backed security tranches designed to provide stable payment schedules within specified prepayment speed ranges

Apply for CMO tranches that offer protection against prepayment risk through structured payment schedules [RIXML Research Data Dictionary v2.5.1 p.108]

ActiveSince 2.4
TargetAmortizationClassBonds
Target Amortization Class Bonds

Credit derivatives similar to PACs but providing protection only against rising prepayment rates or falling interest rates, not against declining prepayments

Use for mortgage securities that offer limited prepayment protection compared to PAC bonds [RIXML Research Data Dictionary v2.5.1 p.108]

ActiveSince 2.4
AgencyPassThroughSecurities
Agency Pass Through Securities

Fixed-income securities backed by asset pools where a servicing intermediary collects and passes through payments to holders after deducting fees

Use for government-sponsored enterprise securities that pass through principal and interest payments from underlying asset pools [RIXML Research Data Dictionary v2.5.1 p.108]

ActiveSince 2.4
MortgagePassThroughSecurities
Mortgage Pass Through Securities

Fixed-income securities where mortgage payments are collected and passed through to investors after servicing fee deductions

Use for mortgage-backed securities that directly pass through principal and interest payments from underlying mortgages [RIXML Research Data Dictionary v2.5.1 p.108]

ActiveSince 2.4
CreditLinkedNotes
Credit Linked Notes

Securities with embedded credit default swaps that transfer specific credit risk from issuers to investors through AAA-collateralized trust structures

Use for structured notes where investors receive enhanced yields in exchange for bearing credit risk on referenced entities [RIXML Research Data Dictionary v2.5.1 p.120]

ActiveSince 2.4
VariableRateDemandNotes
Variable Rate Demand Notes

Debt instruments payable on demand with interest rates tied to prevailing money market rates plus a specified margin

Use for short-term debt securities where interest payments adjust based on market rates and principal can be demanded at any time [RIXML Research Data Dictionary v2.5.1 p.120]

ActiveSince 2.4
CurrencySwaps
Currency Swaps

Foreign exchange derivative contracts involving the exchange of principal and interest payments in different currencies

Use for swap agreements that exchange cash flows denominated in different currencies, typically not appearing on balance sheets [RIXML Research Data Dictionary v2.5.1 p.120]

ActiveSince 2.4
CreditDefaultSwaps
Credit Default Swaps

Credit derivative contracts where buyers make periodic payments to sellers in exchange for protection against third-party default risk

Use for swap contracts that transfer credit exposure between parties, either for hedging or speculative purposes [RIXML Research Data Dictionary v2.5.1 p.120]

ActiveSince 2.4
AssetSwaps
Asset Swaps

Derivative contracts that exchange fixed and floating investment returns rather than traditional loan interest rates

Use for swaps where the underlying instruments are investments rather than standard borrowing arrangements [RIXML Research Data Dictionary v2.5.1 p.121]

ActiveSince 2.4
EquitySwaps
Equity Swaps

Derivative contracts that exchange equity-based cash flows for fixed-income payments, enabling portfolio diversification while retaining original assets

Use for swaps involving stock-related cash flows, often used by institutions for diversification and tax management purposes [RIXML Research Data Dictionary v2.5.1 p.121]

ActiveSince 2.4
TotalReturnSwaps
Total Return Swaps

Swap agreements where one party receives all returns from a reference asset while paying a fixed or variable rate, providing asset exposure without ownership

Use for swaps that transfer complete economic exposure to an underlying asset, popular with hedge funds seeking leveraged exposure with minimal capital [RIXML Research Data Dictionary v2.5.1 p.121]

ActiveSince 2.4
InterestRateSwaps
Interest Rate Swaps

Agreements between counterparties to exchange streams of future interest payments, typically fixed for floating rate based on specified principal amounts

Use for swaps that manage interest rate exposure or achieve more favorable borrowing rates through rate exchange mechanisms [RIXML Research Data Dictionary v2.5.1 p.121]

ActiveSince 2.4
PropertySwaps
Property Swaps

Financial derivatives that fluctuate based on real estate asset values, providing property market exposure without direct building ownership

Use for derivatives that offer exposure to specific property markets through index-based value changes rather than physical real estate transactions [RIXML Research Data Dictionary v2.5.1 p.121]

ActiveSince 2.4
ForwardRateAgreements
Forward Rate Agreements

Over-the-counter contracts that fix interest rates or currency exchange rates for future obligations, with only rate differentials paid on notional amounts

Use for forward contracts that establish future rates for hedging purposes, where only the differential amount changes hands [RIXML Research Data Dictionary v2.5.1 p.121]

ActiveSince 2.4
ForeignCurrencyFutures
Foreign Currency Futures

Standardized futures contracts that specify future currency exchange prices, allowing investors to hedge against foreign exchange risk

Use for exchange-traded currency futures that provide protection against or speculation on currency price movements [RIXML Research Data Dictionary v2.5.1 p.121]

ActiveSince 2.4
EquityIndexFutures
Equity Index Futures

Futures contracts based on stock or financial indices, with contract prices determined by index-specific multipliers

Use for futures that provide exposure to broad market indices rather than individual securities [RIXML Research Data Dictionary v2.5.1 p.122]

ActiveSince 2.4
InterestRateFutures
Interest Rate Futures

Futures contracts with interest-bearing instruments as underlying assets, including Treasury bills, bonds, and Eurodollar contracts

Use for exchange-traded futures that derive value from interest-bearing securities and provide interest rate exposure [RIXML Research Data Dictionary v2.5.1 p.122]

ActiveSince 2.4
SingleStockFutures
Single Stock Futures

Futures contracts with individual stocks as underlying assets, typically traded in 100-share batches without dividend or voting rights transfer

Use for futures contracts that provide leveraged exposure to specific individual stocks rather than broad market indices [RIXML Research Data Dictionary v2.5.1 p.122]

ActiveSince 2.4
PublisherDefined
Publisher Defined

A security type not included in the standard RIXML enumeration, allowing publishers to specify custom classifications

Use when the security type does not match any predefined RIXML value and a custom classification is needed [RIXML Research Data Dictionary v2.5.1 p.120]

ActiveSince 2.1

Examples

<!-- Example usage of SecurityTypeEnum enumeration -->
<element type="SecurityTypeEnum">Bonds</element>

Version History

2.1
+Introduced
2.4
+Added values: AssetBackedCommercialPaper, EuroCommercialPaper, CertificateOfDeposit, Index, InterbankOfferRateFixings, BuildAmericaBonds, GeneralObligationBonds, RevenueBonds, TreasuryBills, TreasuryNotes, TreasuryBonds, TreasuryInflationProtectedSecurities, TaxableMunicipalBonds, NonTaxableMunicipalBonds, ConsumerAssetBackedSecurities, CollateralizedMortgageObligations, CommercialMortgageBackedSecurities, ResidentialMortgageBackedSecurities, AgencyMortgageBackedSecurities, CMBX, PlannedAmortizationClassBonds, TargetAmortizationClassBonds, AgencyPassThroughSecurities, MortgagePassThroughSecurities, CreditLinkedNotes, VariableRateDemandNotes, CurrencySwaps, CreditDefaultSwaps, AssetSwaps, EquitySwaps, TotalReturnSwaps, InterestRateSwaps, PropertySwaps, ForwardRateAgreements, ForeignCurrencyFutures, EquityIndexFutures, InterestRateFutures, SingleStockFutures

Business Rules

MUST

Commercial paper must have maturity of 270 days or less and should be identified as short-term unsecured debt used for working capital rather than long-term investments

validationmaturity-constraintcommercial-paper
MUST

Commercial paper must have maturity of 270 days or less when classified as CommercialPaper security type

validationmaturity-constraint
MUST

ConvertibleStructured security type shall not be used for research report classification

validationrestrictionsecurity-classification
SHOULD

PAC bonds should be identified as providing two-sided prepayment protection while TAC bonds provide only one-sided protection when classifying CMO tranches

classificationprepayment-riskcmo-tranches
SHOULD

Treasury bills should be classified as DiscountNotesAndBills security type since they are sold at discount and mature at par without interest payments

classificationsecurity-type
SHOULD

Securities with maturity between one and ten years should be classified as TreasuryNotes when issued by US government

classificationmaturity-constraintgovernment-securities
SHOULD

Securities with maturity of more than ten years should be classified as TreasuryBonds when issued by US government

classificationmaturity-constraintgovernment-securities
SHOULD

Securities with maturity of less than one year should be classified as TreasuryBills when issued by US government

classificationmaturity-constraintgovernment-securities
SHOULD

Medium-term notes should have maturity typically between one and ten years, with five to ten years being standard

classificationmaturity-constraint
INFORMATIVE

When using the SecurityType enumeration value 'PublisherDefined', it indicates that the security type is not predefined by RIXML and must be defined by the publisher

enumerationpublisher-defined

Semantic Relationships

Requires9 relationships

Publisher-defined value is used when security type value is set to PublisherDefined to specify custom security types

RIXML Research Data Dictionary v2.5.1, p.60Elements and Attributes

AssetClassEnum:EquityINFORMATIVE

Convertible preferred stocks derive their ultimate value from the performance of common stock and typically involve conversion rights to common shares

RIXML Research Data Dictionary v2.5.1, p.111ConvertiblePreferred

Warrants typically provide the right to purchase the issuer's common stock at a predetermined price

RIXML Research Data Dictionary v2.5.1, p.111Warrants

Swaptions provide the right to enter into a specified interest rate swap agreement in the future

RIXML Research Data Dictionary v2.5.1, p.114Swaptions

ADRs and GDRs represent certificates for ownership of foreign-based company stock shares traded in domestic markets

RIXML Research Data Dictionary v2.5.1, p.115ADRGDR

German Pfandbriefe are covered bonds collateralized by long-term assets representing the largest private debt market segment in Germany

RIXML Research Data Dictionary v2.5.1, p.118GermanPfandbrief

French Obligations Foncières are covered bonds backed by highly collateralized debt obligations with preferential rights in bankruptcy

RIXML Research Data Dictionary v2.5.1, p.118FrenchObligationsFoncieres

Eurodollars are USD-denominated deposits at banks outside US jurisdiction operating with narrower regulatory margins

RIXML Research Data Dictionary v2.5.1, p.118EuroDollars

Credit Linked Notes contain embedded credit default swaps as their core risk transfer mechanism

RIXML Research Data Dictionary v2.5.1, p.120CreditLinkedNotes

Narrows33 relationships

Treasury Bills represent one specific type of US Treasury security with maturity of one year or less

RIXML Research Data Dictionary v2.5.1, p.71USTreasuries

Treasury Notes represent a specific type of US Treasury security with two to ten year maturities

RIXML Research Data Dictionary v2.5.1, p.72USTreasuries

Treasury Bonds represent a specific type of US Treasury security with maturity of ten years or longer

RIXML Research Data Dictionary v2.5.1, p.72USTreasuries

Treasury Inflation Protected Securities are inflation-indexed bonds issued by the US Treasury with principal adjusted to Consumer Price Index

RIXML Research Data Dictionary v2.5.1, p.72USTreasuries

STRIPS are formed by separating interest and principal portions of Treasury Notes, Treasury Bonds, and TIPS for separate trading

RIXML Research Data Dictionary v2.5.1, p.72USTreasuries

Banker acceptances represent one category of short-term money market securities guaranteed by banks

RIXML Research Data Dictionary v2.5.1, p.72MoneyMarketCredit

Commercial paper represents short-term unsecured debt instruments issued by large banks and corporations with maturity of 270 days or less

RIXML Research Data Dictionary v2.5.1, p.72MoneyMarketCredit

Certificates of deposit represent bank-issued promises to repay amounts with interest at maturity within the money market timeframe

RIXML Research Data Dictionary v2.5.1, p.72MoneyMarketCredit

Commercial mortgage-backed securities represent one type of mortgage-backed security secured by commercial property loans

RIXML Research Data Dictionary v2.5.1, p.73MortgageBackedCredit

Residential mortgage-backed securities focus on residential debt rather than commercial property as collateral

RIXML Research Data Dictionary v2.5.1, p.73MortgageBackedCredit

Collateralized mortgage obligations are derivative mortgage-backed securities created from mortgage pass-through certificates with different tranches

RIXML Research Data Dictionary v2.5.1, p.73MortgageBackedCredit

Interest rate futures represent one category of financial futures with interest-bearing instruments as underlying assets

RIXML Research Data Dictionary v2.5.1, p.76FinancialFutures

Equity index futures represent financial futures contracts on stock indexes settled in cash

RIXML Research Data Dictionary v2.5.1, p.76FinancialFutures

Single stock futures represent agreements to buy or sell shares of individual stocks at future dates

RIXML Research Data Dictionary v2.5.1, p.76FinancialFutures

Currency futures represent financial futures contracts to exchange currencies at predetermined future prices

RIXML Research Data Dictionary v2.5.1, p.76FinancialFutures

Currency swaps represent one type of currency derivative financial instrument

RIXML Research Data Dictionary v2.5.1, p.77CurrencyDerivatives

PreciousMetals asset type encompasses specific security types including gold as a traded commodity

RIXML Research Data Dictionary v2.5.1, p.78PreciousMetals

PreciousMetals asset type encompasses specific security types including silver as a traded commodity

RIXML Research Data Dictionary v2.5.1, p.78PreciousMetals

PreciousMetals asset type encompasses specific security types including platinum as a traded commodity

RIXML Research Data Dictionary v2.5.1, p.78PreciousMetals

IndustrialMetals asset type encompasses specific security types including copper as a traded commodity

RIXML Research Data Dictionary v2.5.1, p.78IndustrialMetals

IndustrialMetals asset type encompasses specific security types including aluminum as a traded commodity

RIXML Research Data Dictionary v2.5.1, p.78IndustrialMetals

Agriculture asset type encompasses specific security types including corn as a traded commodity

RIXML Research Data Dictionary v2.5.1, p.78Agriculture

Agriculture asset type encompasses specific security types including soybeans as a traded commodity

RIXML Research Data Dictionary v2.5.1, p.78Agriculture

Agriculture asset type encompasses specific security types including coffee as a traded commodity

RIXML Research Data Dictionary v2.5.1, p.78Agriculture

Agriculture asset type encompasses specific security types including cotton as a traded commodity

RIXML Research Data Dictionary v2.5.1, p.78Agriculture

Treasury bills are included within the broader category of discount notes and bills

RIXML Research Data Dictionary v2.5.1, p.106DiscountNotesAndBills

TIPS are a specific type of inflation-indexed bond issued by the US Treasury

RIXML Research Data Dictionary v2.5.1, p.108TreasuryInflationProtectedSecurities

Interest rate swaps are a specific type of swap agreement focusing on interest payment exchanges

RIXML Research Data Dictionary v2.5.1, p.112Swaps

Currency swaps represent a specialized form of swap agreement involving foreign exchange arrangements

RIXML Research Data Dictionary v2.5.1, p.112Swaps

Credit default swaps are the most widely used credit derivative designed to transfer credit exposure

RIXML Research Data Dictionary v2.5.1, p.112Swaps

Asset swaps involve exchanging two different assets to achieve more favorable payment streams

RIXML Research Data Dictionary v2.5.1, p.113Swaps

Equity swaps have payments linked to equity performance and provide ownership benefits without actual equity ownership

RIXML Research Data Dictionary v2.5.1, p.113Swaps

Total return swaps involve payments based on the complete return profile of an underlying asset including income and capital gains

RIXML Research Data Dictionary v2.5.1, p.113Swaps

Contrasts With12 relationships

PAC bonds provide two-sided prepayment protection while TAC bonds only provide one-sided protection against rising prepayment rates

RIXML Research Data Dictionary v2.5.1, p.74MortgageBackedCredit

General obligation bonds are backed by full taxing power while revenue bonds depend on specific revenue streams from projects

RIXML Research Data Dictionary v2.5.1, p.74MunicipalCredit

Taxable municipal bonds do not receive tax exemption while non-taxable municipal bonds are triple tax-exempt

RIXML Research Data Dictionary v2.5.1, p.107TaxableMunicipalBonds

General obligation bonds are backed by taxing power while revenue bonds are secured by specific project revenue

RIXML Research Data Dictionary v2.5.1, p.106GeneralObligationBonds

PAC bonds provide broader prepayment protection than TAC bonds which only protect against rising prepayment rates

RIXML Research Data Dictionary v2.5.1, p.108PlannedAmortizationClassBonds

Treasury bills mature in less than one year while treasury notes have maturities between one and ten years

RIXML Research Data Dictionary v2.5.1, p.109TreasuryBills

Treasury notes have maturities between one and ten years while treasury bonds mature in more than ten years

RIXML Research Data Dictionary v2.5.1, p.109TreasuryNotes

Fixed rate notes pay constant interest while floating rate notes have variable interest tied to market indices

RIXML Research Data Dictionary v2.5.1, p.106FixedRateNotes

Futures obligate both parties to execute the transaction, while options provide rights without obligation

RIXML Research Data Dictionary v2.5.1, p.112Futures

Closed-end funds have fixed share counts and trade on exchanges while open-end funds continuously issue and redeem shares

RIXML Research Data Dictionary v2.5.1, p.115ClosedEndFund

Common stock holders have voting rights and residual claims while preferred stock holders have priority claims but typically no voting rights

RIXML Research Data Dictionary v2.5.1, p.115Common

AssetClassEnum:EquityINFORMATIVE

German profit participation certificates provide profit sharing rights but specifically exclude voting rights unlike traditional shares

RIXML Research Data Dictionary v2.5.1, p.119Genussescheine

Supersedes1 relationship

Livestock as an asset type was promoted from SecurityType in version 2.4, establishing a hierarchical relationship

RIXML Research Data Dictionary v2.5.1, p.79Livestock

Qualifies5 relationships

Spanish Cedula Hipotecaria represents a specific type of covered mortgage bond that is backed only by mortgage loans and collateralized by the issuing entity's entire mortgage pool

RIXML Research Data Dictionary v2.5.1, p.119SpanishCedulaHipotecaria

Luxembourg Lettres de Gage represents European covered bonds secured on pools of assets including both mortgage assets and public sector assets

RIXML Research Data Dictionary v2.5.1, p.119LuxembourgLettresDeGage

REITs enable investment exposure to real estate assets through equity and mortgage trusts that trade on major exchanges with special tax considerations

RIXML Research Data Dictionary v2.5.1, p.119REITS

Exchange-Traded Funds combine the tradability of stocks with the diversification benefits of mutual funds by tracking various indices

RIXML Research Data Dictionary v2.5.1, p.119ETF

Variable Rate Demand Notes represent a specific form of floating rate debt that is payable on demand with money market-based interest rates

RIXML Research Data Dictionary v2.5.1, p.120VariableRateDemandNotes