Companion Bonds

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Definition: Companion Bonds

Companion Bonds
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Full Definition of Companion Bonds

A CMO tranche that protects another tranche from prepayment risk by assuming a greater share of that risk.

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https://payrollheaven.com/define/companion-bonds/
Modern Language Association (MLA):
Companion Bonds. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 23, 2024 https://payrollheaven.com/define/companion-bonds/.
Chicago Manual of Style (CMS):
Companion Bonds. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/companion-bonds/ (accessed: April 23, 2024).
American Psychological Association (APA):
Companion Bonds. PayrollHeaven.com. Retrieved April 23, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/companion-bonds/

Definition Sources

Definitions for Companion Bonds are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.