targeted amortization class security — ценная бумага с прицельной амортизацией
Targeted amortization class securities (TACs) pay down in amounts approximating a targeted schedule
Англо-русский экономический словарь.
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… … Financial and business terms
targeted amortization class tranche — 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… … Financial and business terms
Targeted Amortization Class bonds — Targeted Amortization Class (TAC) bonds bonds offered as a tranche class of some CMOs , according to a sinking fund schedule. They differ from PAC bonds whose amortization is guaranteed as long as prepayments on the underlying mortgages do not… … Financial and business terms
Targeted Amortization Class - TAC — A type of credit derivative that is similar to a planned amortization class (PAC) in that it protects investors from prepayment; however, it is structured differently than a PAC. TACs protect investors from a rise in the prepayment rate or a fall … Investment dictionary
TAC tranche — 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… … Financial and business terms
TAC bonds — Targeted Amortization Class (TAC) bonds bonds offered as a tranche class of some CMOs , according to a sinking fund schedule. They differ from PAC bonds whose amortization is guaranteed as long as prepayments on the underlying mortgages do not… … Financial and business terms
TАС — targeted amortization class (bonds) облигации целевой амортизации … Финансово-инвестиционный толковый словарь
Companion Tranche — A class of tranche found in planned amortization class (PAC) and targeted amortization class (TAC) collateralized mortgage obligations (CMOs) that absorbs variable prepayment rates. The companion trache is so named because it is designed to… … Investment dictionary
Super PO — A companion tranche structured as a Principal Only (PO) bond, which receives only principal payments from the underlying mortgages. A Super PO is designed to lend support to planned amortization class (PAC) and targeted amortization class (TAC)… … Investment dictionary
real estate mortgage investment conduit — ( REMIC) The name of a type of mortgage backed pass through security. REMICs can take many forms. REMICs are typically multiclass securities. Unlike simple, non REMIC CMOs, REMICs can separate mortgage pools into different risk classes as well as … Financial and business terms
REMIC — real estate mortgage investment conduit (REMIC) The name of a type of mortgage backed pass through security. REMICs can take many forms. REMICs are typically multiclass securities. Unlike simple, non REMIC CMOs, REMICs can separate mortgage pools … Financial and business terms
