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Synthetic High Income Equity-Linked Debenture (SHI
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Comparable in structure to Preference Equity Redemption Cumulative Stock (PERCS) but, issued by an entity other than the issuer of the underlying stock. Also called Convertible Money Market Units (CMMUs), Performance Equity- Linked Redemption Quarterly Paid Security (PERQS). See Common-Linked High Income Participation Security (CHIPS), Synthetic PERCS.
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