A coupon bond that gives the issuer the right to deliver additional bonds (tranches) to the holders (investors) at preset...
A coupon bond that gives the issuer the right to deliver additional bonds (tranches) to the holders (investors) at preset...
A synthetic structure that consists of a single tranche. It is simpler than a standard synthetic tranche and can be...
A synthetic structure that consists of a single tranche. It is simpler than a standard synthetic tranche and can be...
It stands for standardized tranche credit default swap; a type of first loss credit default swaps (FLCDS) or tranche loss...
An interest-only bond (tranche) that receives the excess interest (difference between the coupon rate on the underlying tranches and the...
A collateralized mortgage obligation (CMO) that is structured as inverse floater tranches. The CMO will earn interest at rates that...
A credit default swap on a mortgage-backed security or an asset-backed security. That means the reference obligation in such a...
A tranche of a collateralized mortgage obligation (CMO) that converts a long-term mortgage product with irregular and unstable cash flows...
For large unwinds (e.g. $100 million or more), a swap transaction can be sliced up into several pieces (tranches) either...