Companion bonds

A CMO tranche that protects another Tranche from Prepayment risk by assuming a greater Share of that risk.

Related Terms: 7 At risk, CMO, Prepayment, Prepayment risk, Risk, Share, Tranche

Other Related Pages: Category: Bonds Starting With: C

Additional Related Terms: 10-K, Accrual of discount, Amortization of premium, At par, At best, At call, American Depositary Share, At risk, Abstract of title, As is