One of the two legs of a tranche (vanilla tranche/ plain vanilla tranche), with the other one being a tranche…

The simplest version of a tranche. That is, a tranche that has no extra features other than its basic form....

The simplest version of a tranche. That is, a tranche that has no extra features other than its basic form....

The simplest version of a tranche. That is, a tranche that has no extra features other than its basic form....

The simplest version of a tranche. That is, a tranche that has no extra features other than its basic form....