An abbreviation for contra midpoint only plus; an order that is priced at the midpoint of the protected national best...

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

A tranche-type bond that constitutes one of the two general parts (tranches) of a PAC-structured CMO (collateralized mortgage obligation), with...

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

A collateralized mortgage obligation that may change priority to receive principal if certain conditions are present. The principal paydown will...

It stands for accretion-directed bond; a collateralized mortgage obligation (CMO) whose principal redemption is paid out of payments from an...

A collateralized mortgage obligation (CMO) whose principal redemption is paid out of payments from an accrual bond or a Z-bond....

A collateralized mortgage obligation (CMO) that is structured as inverse floater tranches. The CMO will earn interest at rates that...

One of two components (strips or tranches) of a mortgage-backed security (MBS) or other types of mortgage structured products (e.g.,...

It stands for interest only; one of two components (strips or tranches) of a mortgage-backed security (MBS) or other types...