Tag: tranche

Z tranche – (Ekonomi / Bisnis)

Pengertian Z tranche adalah: Subjek Definisi Bank ? Z tranche : A Z tranche is a CMO tranche. With the exception of jump Z tranches, owners of the Z tranche receive no cash flow from underlying mortgage collateral until the other tranches are retired. During the period when other tranches are still outstanding, the owners of the Z tranche receive credit for periodic interest. Those credits increase the face value of the tranche but are […]

tranche – (Ekonomi / Bisnis)

Pengertian tranche adalah: Subjek Definisi Bank ? tranche : A segment or tier within a loan or security. Also known as a class. For example, collateralized mortgage obligations (CMOs) are securities for which the cash flows are segregated into tranches and sold separately. Each tranche is a separate security with its own maturity date and interest rate. CMOs may have over a hundred tranches or classes. Tranche is the French word for slice. Tranches are […]

targeted amortization class tranche – (Ekonomi / Bisnis)

Pengertian targeted amortization class tranche adalah: Subjek Definisi Bank ? targeted amortization class (TAC) tranche : Bonds created in scheduled-pay CMO structures. A TAC tranche is structured to avoid prepayment volatility. Each TAC has a designated target speed. When prepayments exceed the targeted speed, the excess cash flow is diverted to other tranches in the CMO. Unlike a planned amortization class (PAC) tranche, a TAC tranche is not protected from extension risk if prepayments are […]

reverse TAC tranche – (Ekonomi / Bisnis)

Pengertian reverse TAC tranche adalah: Subjek Definisi Bank ? reverse TAC tranche : The opposite of a TAC tranche. Bonds created in scheduled-pay CMO structures. A reverse TAC tranche is structured to avoid prepayment volatility. Each TAC has a designated target speed. When prepayments fall below the targeted speed, excess cash flow is diverted to the reverse TAC tranche. Unlike a PAC, a TAC tranche is not protected from call risk if prepayments are faster […]

planned amortization class tranche – (Ekonomi / Bisnis)

Pengertian planned amortization class tranche adalah: Subjek Definisi Bank ? planned amortization class (PAC) tranche : A REMIC security created to receive selected cash flows from a pool of underlying mortgages securing the REMIC. PAC tranches use a structure similar to a sinking fund to establish a fixed principal payment schedule. Created together with a companion or support tranche. PAC tranches are intended to have low call and low extension risk. Sometimes called controlled amortization […]

PAC tranche – (Ekonomi / Bisnis)

Pengertian PAC tranche adalah: Subjek Definisi Bank ? PAC tranche : Planned amortization class tranche. A REMIC security created to receive selected cash flows from a pool of underlying mortgages securing the REMIC. PAC tranches use a structure similar to a sinking fund to establish a fixed principal payment schedule. Created together with a companion or support tranche. Definisi ?

PAC Z tranche or PAC Z bond – (Ekonomi / Bisnis)

Pengertian PAC Z tranche or PAC Z bond adalah: Subjek Definisi Bank ? PAC Z tranche or PAC Z bond : A CMO Z bond with some call and extension protection provided by collars. Like other Z bonds, a PAC Z bond earns interest that is accrued but not paid in cash for a defined time period. See Z tranche. Definisi ?

Laman Berikutnya »