A bond that is composed of many "hard-to-sell" collateralized mortgage obligations (CMO) or REMICs. Because these bonds are a collection of many mortgages with varying cash flows, their risk is difficult to measure.
Related information about kitchen sink bond:
- Kitchen Sink Bond: Definition from Answers.com
bond representing a bundling of miscellaneous, usually hard-to-sell, tranches of collateralized mortgage obligations (CMOs) and remics.
- What is kitchen sink bond? definition and meaning
Definition of kitchen sink bond: A bond that is composed of many hard-to-sell collateralized mortgage obligations (CMO) or REMICs. Because these bonds are a ...
- kitchen sink bond - Invest Definition
kitchen sink bond definition: A bond that is formed from a wide collection of collateralized mortgage obligations (CMOs). The name comes from the saying that ...
- Kitchen Sink Bond - QFinance
Definition of kitchen sink bond from QFinance - The Ultimate Financial Resource. What is kitchen sink bond? Definitions and meanings of kitchen sink bond.
- DD K-M
Aug 3, 2001 ... Kitchen Sink Bond or MBS: A bond or CMO into which issuers have dumped " everything but the kitchen sink," including "garbage" such as ...
- Banker's Glossary - K - American Banker
A re-REMIC that combines highly volatile tranches is called a kitchen sink bond. Kitchen sink bonds are very high-risk securities. (2) An old term from CDOs.
- Kitchen-Sink Bonds - Paine Webber's $180 Million Misstep ...
Jul 26, 1994 ... Each kitchen-sink bond is different. "You can't compare one to another," said Paul D. Kaplan, senior vice president of the Wellington ...
- PDF 196 - U.S. Government Printing Office
Oct 15, 2009 ... a cash flow (or ''kitchen-sink'') bond all can be designated ''triple-a,'' notwithstanding that investment returns on most of these instruments are ...