What is the difference between credit tranching and prepayment tranching?
What will be an ideal response?
Credit tranching refers to redistributing credit risk among bond classes in the structure, while prepayment tranching refers to redistributing prepayment risk among bond classes.
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To get a better indication of a firm's ability to cover interest payments in the long run, the noncash charges for depreciation, depletion, and amortization can be added back to the times interest earned ratio
Indicate whether the statement is true or false
A company's marketing communications mix—also called its promotion mix—blends five different components. List and define these components
What will be an ideal response?
Reasons for imposing tariffs include:
a. the collection of revenue. b. controlling exports. c. the protection of domestic industry. d. Both a and c
Only individual investors participate in public offerings, while institutional investors participate in
private placements. Indicate whether the statement is true or false