A collateralized mortgage obligation (CMO) that converts a long-term mortgage product with irregular and unstable cash flows into short, medium,…
A floater that involves a short position in a strip of caps over the life of collateralized motgage obligation (CMO)…
An abbreviation collateralized mortgage obligation floating-rate note; a collateralized mortgage obligation (CMO) that pays an adjustable rate of interest that…
A collateralized mortage obligation (CMO) that is issued by a government agency or a government-sponsored enterprise. Speicifically, the agency or…
The last tranche in a collateralized mortgage obligation (CMO). Periodic interest accrues on an accrual tranche but no cash payments...
A tranche that has some similarities to a zero-coupon bond. An accrual tranche (zero tranche) consists of Z bonds. By...
It stands for collateralized mortgage obligation swap. An interest rate swap (specifically an index amortizing swap) in which the amortization of…
It stands for collateralized mortgage obligation; a structured product that is backed and collateralized by a pool of mortgage loans...
A structured product that is backed and collateralized by a pool of mortgage loans and similar debt arrangements. It is...
A collateralized mortgage obligation (CMO) in which principal payment allocation is based on the value of a specific index. In...