CFA考試
報(bào)考指南考試報(bào)名準(zhǔn)考證打印成績(jī)查詢備考資料考試題庫(kù)

重置密碼成功

請(qǐng)謹(jǐn)慎保管和記憶你的密碼,以免泄露和丟失

注冊(cè)成功

請(qǐng)謹(jǐn)慎保管和記憶你的密碼,以免泄露和丟失

How to understand PAC support tranche?

幫考網(wǎng)校2020-10-12 15:32:33
|
A PAC (Planned Amortization Class) support tranche is a type of structured finance security that is designed to provide a predictable stream of cash flows to investors. The support tranche is created by taking a pool of assets, such as mortgages or other loans, and dividing it into multiple tranches. The PAC support tranche is typically the most senior tranche, and it is designed to receive the first priority of cash flows from the underlying assets.

The PAC support tranche is structured to provide investors with a predictable stream of cash flows by using prepayment assumptions and a predetermined amortization schedule. This means that the cash flows from the underlying assets are allocated in a specific order, with the PAC support tranche receiving the first priority of cash flows. As a result, investors in the PAC support tranche can be confident that they will receive a steady stream of income over the life of the security.

To understand PAC support tranche, it is important to note that it is a type of structured finance security that is designed to provide investors with a predictable stream of cash flows. The support tranche is typically the most senior tranche, and it is structured to receive the first priority of cash flows from the underlying assets. This means that investors in the PAC support tranche can be confident that they will receive a steady stream of income over the life of the security.
幫考網(wǎng)校
|

推薦視頻

推薦文章

蓝山县| 双鸭山市| 大兴区| 大冶市| 资中县| 盱眙县| 盐津县| 正宁县| 若尔盖县| 辽阳县| 永修县| 临沧市| 湘西| 大洼县| 通州市| 孝昌县| 孟村| 邮箱| 太仓市| 定襄县| 靖宇县| 石城县| 莲花县| 双牌县| 宝丰县| 南乐县| 桑植县| 黄冈市| 翁牛特旗| 讷河市| 西丰县| 马关县| 莒南县| 枣阳市| 横峰县| 临朐县| 白沙| 靖远县| 乌审旗| 深州市| 合水县|