It stands for inverse floating rate tranche; a tranche that is created from the collateral tranche (in a CMO structure),...

It stands for inverse floating rate tranche; a tranche that is created from the collateral tranche (in a CMO structure),...

It stands for floating rate tranche; a CMO tranche (or a tranche in a similar structure) in which the monthly...

It stands for floating rate tranche; a CMO tranche (or a tranche in a similar structure) in which the monthly...

It stands for floating rate tranche; a CMO tranche in which the monthly coupon rate is typically set equal to...

A CMO tranche in which the monthly coupon rate is typically set equal to a reference rate such as LIBOR....