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Fixed-Strip Interest Only

An interest-only (IO) which entitles its holder to receive a fixed coupon stripped off a collateral weighted average coupon (WAC)....

Fixed Strip IO

An interest-only (IO) which entitles its holder to receive a fixed coupon stripped off a collateral weighted average coupon (WAC)....

CMBS Interest Only

It stands for commercial mortgage-backed securities (CMBS) interest only (IO). These IOs (stripped mortgage products) are coupons stripped from an...

CMBS IO

It stands for commercial mortgage-backed securities (CMBS) interest only (IO). These IOs (stripped mortgage products) are coupons stripped from an...