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Targeted Amortization Class Tranche

A tranche whose payment schedule is geared towards a specified prepayment speed (or the so-called a pricing speed). A targeted...

    TAC Tranche

    It stands for targeted amortization class tranche. It has a payment schedule geared towards a specified prepayment speed (or the...

      TAC

      It stands for targeted amortization class; a type of bond class that has a schedule for repayment of principal which...

        Targeted Amortization Class

        A type of bond class that has a schedule for repayment of principal which is protected against contraction risk for...