牛熊債券
callable bull/bear contracts
本金償還額與另一隻證券的價格掛?的債券。牛熊債券分為兩部分：第一部分的償還額會隨著另一隻證券的價格變動而上升，而第二部分的償還額會隨著另一隻證券的價格變動而下跌。
Principal repayments and the price of other securities linked bonds. CBBC bond is divided into two parts: the first part of the reimbursement will be as price changes and other securities rose, while the second part of the reimbursement will be as prices change and other securities fell.