A credit derivative that protects investor from a fall in interest rates. Also called TAC bond.
Related information about targeted amortization class bond:
- Targeted Amortization Class Bond financial definition of Targeted ...
A collateralized mortgage obligation that seeks to protect investors from prepayment risk. Like PACs, a targeted amortization class bond does this by setting a ...
- TAC Bonds - Financial Dictionary - The Free Dictionary
Like PACs, a targeted amortization class bond does this by setting a schedule of payments; if prepayments of the underlying mortgages exceed a certain rate, ...
- What is targeted amortization class bond? definition and meaning
Definition of targeted amortization class bond: A credit derivative that protects investor from a fall in interest rates. Also called TAC bond.
- Targeted Amortization Class (TAC) bonds Definition - NASDAQ.com
Targeted Amortization Class (TAC) bonds: read the definition of Targeted Amortization Class (TAC) bonds and 8000+ other financial and investing terms in the ...
- What is COLLATERALIZED MORTGAGE OBLIGATION (CMO ...
... BOND, INTERESTONLY STRIP, PLANNED AMORTIZATION CLASS BOND, PRINCIPAL ONLY STRIP, TARGETED AMORTIZATION CLASS BOND.
- RiskGlossary.com
TAC bond targeted amortization class bond. TAN Tax anticipation note. targeted amortization class A type of CMO bond structured to minimize risk due to high ...
- Common Investment Concepts | Ameriprise Financial
TAC bonds: See: Targeted amortization class bond. T-account: A simplified representation of the actual accounts used for record-keeping. Called T-account ...
- What does TAC stand for? | TAC meaning
Targeted Amortization-Class Bond - Investment term. Targeting and Control (IAA) . Tasmanian AIDS - Acquired Immune Deficiency Syndrome Council - Australia ...