floating rate CMO

См. также в других словарях:

• Inverse floating rate note — An inverse floating rate note, or simply an inverse floater, is a type of bond or other type of debt instrument used in finance whose coupon rate has an inverse relationship to short term interest rates (or its reference rate). With an inverse… …   Wikipedia

• super floater — Floating rate CMO tranches that have coupon rates that are determined by formulas such that the interest rate paid is a multiple of an underlying rate minus a stated spread. For example, a superfloater may pay interest at the rate of 3 times 1… …   Financial and business terms

• floater — An informal name for a security with a variable coupon rate. Particularly used to refer to floating rate CMO tranches. American Banker Glossary A bond whose interest rate varies with the interest rate of another debt instrument, e.g., a bond that …   Financial and business terms

• coupon leverage — The inclusion of a multiple in the formula for calculating the coupon rate on an inverse floating rate CMO. For example, an inverse floater with a multiple may pay interest at the rate of 22 percent minus the product of 2 times the 1 month London …   Financial and business terms

• Collateralized mortgage obligation — Financial markets Public market Exchange Securities Bond market Fixed income Corporate bond Government bond Municipal bond …   Wikipedia

• Mortgage-backed security — Securities Securities Bond Stock Investment fund Derivative Structured finance Agency security …   Wikipedia

• Collateralized debt obligation — Financial markets Public market Exchange Securities Bond market Fixed income Corporate bond Government bond Municipal bond …   Wikipedia

• Credit derivative — In finance, a credit derivative is a securitized derivative whose value is derived from the credit risk on an underlying bond, loan or any other financial asset. In this way, the credit risk is on an entity other than the counterparties to the… …   Wikipedia

• Super Floater — A floating rate collateralized mortgage obligation (CMO) tranche whose coupon rate is determined by a formula based on an interest rate index such as LIBOR. The coupon rate is leveraged i.e. it moves more than one basis point for each basis point …   Investment dictionary

• Credit enhancement — Securities Securities Bond Stock Investment fund Derivative Structured finance Agency security …   Wikipedia

• Guyana — Not to be confused with Ghana., or French Guiana. For other uses, see Guyana (disambiguation). Co operative Republic of Guyana[1] …   Wikipedia