A collateral, in a repo transaction or CMOs, that comes in the form of a whole loan. For whole loan…

The risk that a borrower will fail to make a balloon or lump-sum payment at maturity. Balloon risk may arise...

A higher interest that is paid on the longer maturity bonds of a serial bond issue. In other words, a...

A loan that is paid back in level installments on a long-term payment schedule (10-20 years, or even more), and...