STRIPPED MORTGAGE-BACKED SECURITIES


Meaning of STRIPPED MORTGAGE-BACKED SECURITIES in English

Securities that redistribute the cash flows from the underlying generic M.B.S. collateral into the principal and interest components of the M.B.S. to enhance their use in meeting special needs of investors.

Campbell R. Harvey. Hypertextual finance English glossary.      Английский словарь гипертекстовых финансов.