Search
Generic filters
Filter by Categories
Accounting
Banking

Gestation RP

A reverse repurchase (RP) agreement by which a mortgage firm sells federally guaranteed mortgage-backed securities (MBSs) to a securities dealer…

ZSPRD

It stands for zero-volatility spread; the spread that would be realized over the whole risk-free spot rate curve if a…

CMBS B-Piece

A description of the credit quality of the classes or tranches of a commercial mortgage-backed security (CMBS), or any similar...

“B” Piece

A description of the credit quality of the classes or tranches of a commercial mortgage-backed security (CMBS), or any similar...

Static Spread

The spread that would be realized over the whole risk-free spot rate curve if a given risky security such as…

Cash Bond Spread

The spread that would be realized over the whole risk-free spot rate curve if a given risky security such as…

Covered Bond

A type of debt-based derivative instrument that provides a much safer investment than asset-backed or mortgaged-backed securities. This bond is…

Arbitrage Collateralized Debt Obligation

A securitized product (a type of collateralized debt obligations – CDOs) that originates obligations collateralized or backed by a pool…

Gestation Repurchase Agreement

A reverse repurchase (repo) agreement by which a mortgage firm sells federally guaranteed mortgage-backed securities (MBSs) to a securities dealer…

Negative Swap Spread

A swap rate is the fixed rate that the fixed rate payer, in a swap agreement, makes to the floating-rate…