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IO Strips Receivable

A strip that represents the non-principal portion of the regular payments on the underlying receivables. This constitutes a contractual right...

    Interest-Only Strips Receivable

    A strip that represents the non-principal portion of the regular payments on the underlying receivables. This constitutes a contractual right...

      IO Strip

      A financial structure/ product that is constructed by isolating the interest payment steam a debt security (debt-backed security) from the...