It stands for floating rate tranche; a CMO tranche (or a tranche in a similar structure) in which the monthly...
It stands for floating rate tranche; a CMO tranche (or a tranche in a similar structure) in which the monthly...
A synthetic structure that consists of a single tranche. It is simpler than a standard synthetic tranche and can be…
In relation to tranches of collateralized debt obligations (CMOs) and similar structures, it denotes the amount of interest defined by...
The coupon (interest) that a tranche carries as compensation for its holder (investor) commensurate to the risk profile of the...
An action whereby the U.S. Federal Reserve (the Fed) cuts back- or taper- its bond purchases. Usually, the Fed buys…
In general, it is the sale of goods or assets at tremendously lower or reduced prices to ensure a quick…
A type of toggle tranche that maintains its priority only for a temporary interval defined by the span of time...
An insurance instrument that protects against losses caused by employees due to dishonesty, forgery or unauthorized trading. A fidelity bond…
A type of toggle tranche that maintains its changed repayment priority until full retirement. Being a toggle tranche, it may...