In a CMO structure with PAC bonds, explain the role of the support bonds.

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Introduction To Fixed Income Analytics

ISBN: 9780470572139

2nd Edition

Authors: Steven V. Mann, Frank J. Fabozzi

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Question Posted: Apr 30, 2024 01:02 AM

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In a CMO structure with PAC bonds, explain the role of the support bonds.

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In a collateralized mortgage obligation CMO structure with planned amortization class PAC bonds support bonds play a crucial role in providing credit ...View the full answer

Introduction To Fixed Income Analytics

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