• Are bonds in the Z tranche that accrue or accrete interest similar to the plain Z bond. However, the Z PAC repays principal as well. This principal repayment is defined and conditioned by a prepayment schedule or collar.
What Happens If a Bank Fails?: How the FDIC protects depositors, including providing quick access to insured funds. More...
Avoid having your ego so close to your position that when your position falls, your ego goes with it. - Colin Powell
Copyright ©2009-2018 GVC. All rights reserved.