It stands for targeted amortization class tranche. It has a payment schedule geared towards a specified prepayment speed (or the...
The process of selling bonds or other short-term debt instruments in continuation of past issues. The newly placed bonds/ instruments...
The process of selling bonds or other short-term debt instruments in continuation of past issues. The newly placed bonds/ instruments...
A collateralized debt obligation (CDO) that has its pool of underlying debt obligations sliced up into tranches (CDO tranches). The...
A routine reduction (discount) from the regular price (list price) of a product or service that is extended a seller...
A routine reduction (discount) from the regular price (list price) of a product or service that is extended a seller...
A repo leg that involves the transfer back of the cash amount that was initially borrowed, plus interest (accumulated on...
The provision of collateral management services by a third party. This includes services such as marking to market, repricing and...
A type of repo in which a three-way agreement is entered into to facilitate settlement and daily margining. The three...
It stands for tom/ next repo (tomorrow/ next repo); a type of forward repo that is executed on T+0, with...