Sentences with phrase «debt instruments backed»

The subprime mortgage fallout continued to affect the banking industry as it became difficult to value debt instruments backed by mortgages and caused a temporary credit freeze in some markets during the late summer.

Not exact matches

Back in 2010 it paid $ 550 million to settle charges brought by the Securities and Exchange Commission that it mislead investors into buying a so - called synthetic collateralized debt obligation named Abacus, which was made up of a bundle of financial instruments tied to subprime mortgage bonds, many of which plummeted in value shortly after the deal was sold.

This collateral (i.e., permissible vehicles investments) may include: (i) match - funded assets, and, (ii) debt securities, equity securities and other financial instruments issued or guaranteed by the US government or its agencies, sovereign governments, supra - national entities, corporations, financial institutions and asset - backed or mortgage - backed issuers that are the subject of credit support agreements.

If the Company is not able to acquire Tokens within three (3) years of the issuance of the debt instrument, it will pay investors back with all remaining cash on hand, with interest due by the terms of the debt agreement.

A bond fund is typically comprised of debt instruments, such as bonds and mortgage - backed securities.

Within debt, which accounts for major chunk, the fund manager invests primarily in central and / or state government backed debt instruments where the risk associated is not material.

If I created a Collateralized Debt Obligation [CDO] out of similar instruments, with what would be light leverage of 15 times, and it had just two tranches — 94 % senior, 6 % junior, the senior obligations would get a AAA (probably), but the junior obligations would be rated BB or so — just my back - of - the - envelope guess, but consistent with my experience.

Financial Instrument There are two basic types (1) a debt instrument, which is a loan with an agreement to pay back funds with interest; (2) an equity security, which is a share or stock in Instrument There are two basic types (1) a debt instrument, which is a loan with an agreement to pay back funds with interest; (2) an equity security, which is a share or stock in instrument, which is a loan with an agreement to pay back funds with interest; (2) an equity security, which is a share or stock in a company.

A death put is an optional redemption feature on a debt instrument allowing the beneficiary of the estate of a deceased bondholder to put (sell) the bond back to the issuer at face value in the event of the bondholder's death or legal incapacitation.

a feature of certain debt instruments that allow for the estate of a deceased investor to «put back» or redeem that instrument without penalty; bonds that carry a survivor's option usually redeem for par value when the survivor's option is exercised; in either case the benefit of the survivor's option can not be realized unless the original investor in the asset has died; because investor mortality risk must be taken into account when underwriting assets that carry a survivor's option, these assets are more complex and expensive to issue; also known as a «death put»

Known as collateralized debt obligations, these new instruments were also a type of derivative, and were even larger and more diversified than mortgage - backed securities.

The Fund seeks to achieve this by investing primarily in the following categories of securities and instruments of corporations and other business entities: (i) secured and unsecured floating and fixed rate loans; (ii) bonds and other debt obligations; (iii) debt obligations of stressed, distressed and bankrupt issuers; (iv) structured products, including but not limited to, mortgage - backed and other asset - backed securities and collateralized debt obligations; (v) equities; (vi) other investment companies, including business development companies; and (vii) real estate investment trusts.

Strategy: This fund is primarily invested in fixed income securities issued or guaranteed by the U.S. Government, its agencies, or instrumentalities, and corporate debt instruments, including but not limited to asset - backed and mortgage - backed securities rated not less than Baa3 / BBB - by two or more nationally recognized rating services.

Putnam Income Fund Investment Option invests in Putnam Income Fund, which invests mainly in securitized debt instruments (such as mortgage - backed investments) and other obligations of companies and governments worldwide denominated in U.S. dollars, are either investment - grade or below investment - grade (sometimes referred to as «junk bonds») and have intermediate to long maturities (three years or longer).

Examples include bonds and GICs with maturities greater than one - year, strip bonds, mortgage - backed securities, private placements and other debt instruments, preferred shares (not including convertible securities) and income mutual funds.

If quantitative easing is successful in reducing the overall government debt yield curve or injecting money into the system, but there is no trickle down effect to corporate bonds for example, then the central bank can target specific maturities and specific types of debt instruments (corporate bonds OR auto loans, mortgage backed securites, etc.) to achieve the desired effect.

But for the past 30 years, we've taken for granted that we can also offer the benefit of all these European instruments and that English judgments will be enforceable across the EU — and as soon as those are stripped back, one may need to consider the balance between the general reputation of English courts and English law and the fact that we may need to say to clients that it may potentially become harder to enforce your debt overseas in the EU.

Coventree managed and administered ten separate trusts commonly called «conduits» which issued asset - backed commercial paper debt instruments («ABCP»).

From 2001 to 2005, foreign purchases of U.S. Treasury bonds and other debt instruments, including mortgage - backed securities, rose from $ 785 billion to $ 1.3 trillion, according to U.S. Bureau of Economic Analysis data.