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Banking

Structured IO

It stands for structured interest only; an interest-only bond (tranche) that receives the excess interest (difference between the coupon rate...

Structured Interest Only

An interest-only bond (tranche) that receives the excess interest (difference between the coupon rate on the underlying tranches and the...

Notional Interest Only

An interest-only bond (tranche) that receives the excess interest (difference between the coupon rate on the underlying tranches and the...

Notional IO

An interest-only bond (tranche) that receives the excess interest (difference between the coupon rate on the underlying tranches and the...