A strip that represents the non-principal portion of the regular payments on the underlying receivables. This constitutes a contractual right...

A strip that represents the non-principal portion of the regular payments on the underlying receivables. This constitutes a contractual right...

A financial structure/ product that is constructed by isolating the interest payment steam a debt security (debt-backed security) from the...

A financial structure/ product that is constructed by isolating the interest payment steam a debt security (debt-backed security) from the...

An interest only strip that serves as a credit enhancer (credit enhancement). A credit-enhancing interest-only strip (I/O) is an on-balance...