👉 Bareges are a type of financial instrument that is not traded on major stock exchanges or exchanges in other countries. Instead, they are issued by banks and private companies to individuals who buy them as collateral for loans. The value of these securities can fluctuate significantly based on market conditions. Bareges are typically denominated in currencies like the Swiss franc, euro, pound sterling, or yen, and are often used in financial institutions' trading desks. They are also sometimes referred to as "lever