FGIC and other bond insurance companies have been hobbled by their expansion into guaranteeing risky collateralized debt obligations (CDOs) and
asset backed bonds, markets that have been hammered by rising mortgage losses.
Aside from AAA securities, most
asset backed bonds never trade.
Not exact matches
Bond investors like mutual funds and pension funds hope to buy securities with comparatively higher yields than other
asset -
backed debt that could also provide diversification benefits.
«Following the U.K. election, the relative risk investors saw in European
bonds came
back and as the situation in Greece develops, risks will hopefully unwind and as we move into a certain environment, we can expect
bond markets to continue to normalize,» Thomas Buckingham, portfolio manager of the European Equity Group at JP Morgan
Asset Management, told CNBC on Monday.
The agency, created in 1946 to build houses for veterans of the Second World War, liked to describe itself as the «heart of housing» — an enormous Crown corporation that dominated the mortgage insurance market, guaranteed complex,
bond - like
assets called mortgage -
backed securities, and subsidized the building and upkeep of First Nations and social housing.
Currently, investors are touting the possibility of the central bank being forced to follow up its cheap loans to banks — known as TLTRO — and
asset -
backed securities and conduct Federal Reserve - style government
bond purchases to boost inflation.
They also have
assets to
back the
bonds.
Bloomberg Barclays U.S. Aggregate
Bond Index: An unmanaged index composed of securities from the Bloomberg Barclays Government / Corporate
Bond Index, Mortgage -
Backed Securities Index and the
Asset -
Backed Securities Index.
The fund may invest in
asset -
backed («ABS») and mortgage -
backed securities («MBS») which are subject to credit, prepayment and extension risk, and react differently to changes in interest rates than other
bonds.
Through a conversation with the bill's sponsor, ETHNews has learned that the digital
asset described in the legislation would be
backed by
bonds intended to fund various kinds of expenditures, including infrastructure projects.
The index covers the U.S. investment grade fixed rate
bond market, with index components for government and corporate securities, mortgage pass - through securities, and
asset -
backed securities.
With dollar weakness complicating the investment case for U.S. fixed income
assets, flows to U.S.
Bond Funds were close to neutral going into March as investors pulled
back from all the major groups except Emerging Markets Hard Currency
Bond Funds...
The Barclays U.S. Aggregate
Bond Index is a market value — weighted index of investment - grade fixed - rate debt issues, including government, corporate,
asset -
backed, and mortgage -
backed securities, with maturities of one year or more.
NexPoint Strategic Opportunities Fund (NHF) is a closed end fund that seeks current income with capital appreciation through investment in floating and fixed rate loans,
bonds, debt obligations, mortgage
backed and
asset backed securities, collateralized debt obligations and equities.
Bonds backed by real Greek
assets.
NexPoint Strategic Opportunity Fund (NHF) is a closed end fund that seeks current income with capital appreciation through investment in floating and fixed rate loans,
bonds, debt obligations, mortgage
backed and
asset backed securities, collateralized debt obligations and equities.
Government
bond funds invest in
bonds issued by the U.S. government and government - sponsored enterprises, as well as mortgage and other
asset -
backed securities.
In the previous couple of years, growth had come mainly from
asset -
backed bonds.
Fears of similar upsets appear to be holding
back investment flows into government
bonds, while thirst for income has boosted other fixed income
assets such as credit.
Our investment team will typically select 25 — 50
bonds5 per account, and may invest in a mix of corporate
bonds, U.S. Treasuries, government agencies, mortgage and
asset -
backed bonds, taxable municipal
bonds, and floating - rate
bonds.
In general, it is a better measure than average maturity for
bonds that have the ability to prepay principal before they reach maturity (e.g., mortgages, mortgage -
backed securities and
asset -
backed securities).
Franklin Limited Duration Income (FTF) is a closed end fund that seeks high current income and capital appreciation through investment in high yield corporate
bonds, floating rate bank loans and mortgage and other
asset backed securities.
The index contains treasury
bonds, government - related
bonds, investment - grade corporate
bonds, mortgage -
backed securities, and
asset -
backed securities.
In addition, the Governing Council announced it would purchase
asset -
backed securities with underlying
assets consisting of claims against the euro area non-financial private sector and euro - denominated covered
bonds issued by monetary financial institutions (MFIs) domiciled in the euro area.
Australian consumer lending fintech, MoneyMe, has finalised an AU$ 120 million
asset -
backed wholesale securitization facility led by $ 100 million from global investment manager, Fortress Investment Group, and joined with $ 20 million of
bonds issued by corporate advisory, Evans & Partners.
Several of these transactions have included notable industry landmarks, including the first - ever corporate green
bond, the first - ever automobile
asset -
backed securities green
bond and the first - ever U.S. university green
bond.
The institution is also buying
asset -
backed securities and covered
bonds, and government
bond - buying would be part of fresh stimulus to be considered at the Governing Council's Jan. 22 meeting.
Now we've seen bespoke deals in
asset backed securities and even green
bonds in the Hong Kong Dim Sum market.»
Australian non-government entities issued a record $ 44 billion of
bonds in the March quarter, with financial institutions and
asset -
backed vehicles both issuing large amounts, particularly in offshore markets (Table 14).
«We are coming from an abnormal period where a tremendous amount of wealth was created largely by selling
assets back and forth,» said Mohamed A. El - Erian, chief executive of Pimco, one of the country's largest
bond traders, and the former manager of Harvard's endowment.
It did flood
back into the more riskier
asset of Stocks and into the «treasuries and
bond bubble».
This not only applies to the
assets an derivatives that you
back, however, as Trump's election win may also herald a unique opportunity expand into global stock and
bond index funds.
The various types of
bonds include U.S.government securities, municipals, mortgage and
asset -
backed, foreign
bonds and corporate
bonds.
But I am concerned that late - cycle entrants into risk
assets like stocks and high - yield
bonds are taking a leap of faith at a time when there is less room for markets to move up and growing risks of them falling
back.
The Barclays U.S. Credit Index is the credit component of the Barclays Capital U.S. Aggregate
Bond Index, which is a broad - based bond index comprised of government, corporate, mortgage and asset - backed issues, rated investment grade or higher, and having at least one year to matur
Bond Index, which is a broad - based
bond index comprised of government, corporate, mortgage and asset - backed issues, rated investment grade or higher, and having at least one year to matur
bond index comprised of government, corporate, mortgage and
asset -
backed issues, rated investment grade or higher, and having at least one year to maturity.
The uncertainty surrounding Greece has sparked a bout of safe - haven buying, pushing more investors toward U.S. government -
backed bonds which are generally considered among the safest
asset classes in the world.
Bonds issued or guaranteed by the U.S. government, such as Treasury bonds and bills, as well as mortgage - and other asset - backed securities backed by government agen
Bonds issued or guaranteed by the U.S. government, such as Treasury
bonds and bills, as well as mortgage - and other asset - backed securities backed by government agen
bonds and bills, as well as mortgage - and other
asset -
backed securities
backed by government agencies.
Asset -
backed securities are
bonds or notes
backed by financial
assets such as non-mortgage loans including credit card receivables, auto loans, manufactured - housing contracts, and home - equity loans.
Bank of Japan (BOJ) at ¥ 80 trillion per year, targeting sovereign
bonds European Central Bank (ECB) at $ 60 billion per month, targeting sovereign
bonds, covered
bonds, and
asset backed securities (ABS)
«The unit at the centre of JP Morgan Chase's $ 2 billion trading loss has built up positions totalling more than $ 100 billion in
asset -
backed securities and structured products - the complex, risky
bonds at the centre of the financial crisis in 2008.
The unit, the chief investment office (CIO), has been the biggest buyer of European mortgage -
backed bonds and other complex debt securities such as collateralized loan obligations in all markets for more than three years... The unit made a deliberate move out of safer
assets such as US Treasuries in 2009 in an effort to increase returns and diversify investments.»
We provide brokerage services in a wide range of credit instruments, including credit derivatives,
asset -
backed securities, hybrid securities, preferred securities, distressed securities, convertible
bonds, corporate
bonds, credit derivatives and high yield
bonds.
Are most of these off - balance sheets
assets mortgage
backed securities and other hard - to - value
bonds?
Three others could also boost income: counting municipal
bonds as liquid, or easy - to - sell,
assets; requiring less debt that won't have to be paid
back if a bank fails; and making it easier to comply with post-crisis rules.»
Core Taxable
Bonds are measured by the Bloomberg Barclays US Aggregate
Bond Index, composed of securities from the Bloomberg Barclays Government / Credit
Bond Index, Mortgage -
Backed Securities Index,
Asset -
Backed Securities Index, and Commercial Mortgage -
Backed Securities Index.
These vehicles, known as trust plans,
asset management plans or wealth management products, tend to be
backed by loans or
bonds, though it's often hard to tell exactly where the money has ended up.
Almost all
assets people can buy —
bonds, stocks or houses — are
back in the 4 percent to 6 percent mode... «If people are expecting 10 percent - plus returns, they're in trouble.»
To bring portfolios
back to
asset allocation targets, most investors needed to sell
bonds in order to purchase equities.
«We would like to see more
asset -
backed or corporate green
bonds, since issuance has been limited, and we are interested buyers,» says Delmar King, fund manager at Praxis, the investment arm of Everence Financial of Indiana.
In China, wealth management products are short - term investments, typically distributed through banks,
backed by
assets ranging from cash and government
bonds to corporate debt and derivatives.