Template:ADR - FWMD

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Top Trumps®
Financial Weapons of Mass Destruction®


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ADR


“It’s not synthetic equity. Just calm the hell down.”


Docs The Full American: US bond docs, plus security and custody, none of it interesting. 6
Amendability Nope, but why would you? 5
Collateral Fully, and delta-one. 0
Transferability Seeing as that’s the point, yes. Safely transferable. 0
Leverage Zippo the Hippo. 0
Fright-o-meter Sorry: Disney grade. Suitable for all the family 2

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