Contact us (+ 7 (921) 446-25-10)
Texting is available for authorized users.
Please register or log in at the website.
Your request for online training has been sent. Cbonds managers will be in touch with you shortly. Thank you!


Limitation on layering (anti-layering)

Limitation on layering (anti-layering) limits the borrower’s ability to layer the debt between senior debt and subordinated debt. The covenant is used only in senior subordinate transactions in order to ensure that the subordinated debt occupies the second cell in rank rather than the third or fourth.


Cbonds is a global fixed income data platform
  • Cbonds is a global data platform on bond market
  • Coverage: more than 170 countries and 250,000 domestic and international bonds
  • Various ways to get data: descriptive data and bond prices - website, xls add-in, mobile app
  • Analytical functionality: bond market screener, Watchlist, market maps and other tools