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

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

The margin or deposit that is tied up to cover a position taken by a financial intermediary such as a...

A type of repo in which a three-way agreement is entered into to facilitate settlement and daily margining. The three...

A type of repo in which a three-way agreement is entered into to facilitate settlement and daily margining. The three...

The use of inventory as collateral to raise finance in lieu of traditional types of collateral such as land or...

A form of repurchase agreement (repo) in which the borrower of cash doesn't deliver out the collateral, but rather keeps...

An abbreviation for hold-in-custody repo; a form of repurchase agreement (repo) in which the borrower of cash doesn't deliver out...

A practice whereby a broker pledges the same collateral, initially posted by a client, to a bank to collateralize a...

An abbreviation for collateralized debt obligation; a debt security that is collateralized (i.e., backed) by various types of debt obligations...