Meaning Z-tranche
What does Z-tranche mean? Here you find 2 meanings of the word Z-tranche. You can also add a definition of Z-tranche yourself
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Z-trancheOften the last tranche in a CMO, the Z-tranche receives no cash payments for an extended period of time until the previous tranches are retired. While the other tranches are outstanding, the Z-tranche receives credit for periodic interest payments that increase its face value but are not paid out. When the other tranches are retired, the Z-tranche [..]
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Z-trancheOften the last tranche in a CMO, the Z-tranche receives no cash payments for an extended period of time until the previous tranches are retired. While the other tranches are outstanding, the Z-tranche [..]
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