SUPER SINKER BOND


Meaning of SUPER SINKER BOND in English

Usually a home financing bond , but also any other bond , that has long -term coupons but short maturity , due to the fact that the mortgage may be prepaid and the holders may receive the long-term yield after a short period of time.

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