A type of whole loan repo in which the collateral is a consumer debt such as credit card and automobile...
A whole loan that represents consumer debts such as credit card and automobile receivables. The loan is extended to a...
A mortgage loan, residential or commercial, that is extended to a borrower in whole- i.e., without securitization. The loan is...
A term repo transaction that is collateralized by a loan or other form of obligation (e.g. mortgage receivables) rather than...
The amount by which a bond's price falls below its maturity value (i.e., par value). In other words, it is...
The amount by which a bond’s price exceeds its maturity value (i.e., par value). In other words, it is the…
A public option that is issued by one seller and potentially purchased by many investors at a specific, within a...
A bond point is worth $10; it is a unit of measure for bond prices that is set at $10...
The price that investors pay, or are willing to pay, for a bond. Intrinsically, bond prices are linked to the...
A maturity transformation that doesn't provide a full or perfect match between short-term liabilities and long-term assets (which are financed...