It stands for conditional prepayment yield; a measure of prepayment speed in asset backed securities (ABS) and other specific structures/...
It stands for targeted amortization class; a type of bond class that has a schedule for repayment of principal which...
A type of bond class that has a schedule for repayment of principal which is protected against contraction risk for...
Planned amortization class bond; a tranche of a collateralized mortgage obligation (CMO) that converts a long-term mortgage product with irregular...