Which of the following is most likely to be a Z-tranche of a
CDO?
a. 2-year 2.75% notes
b. 10-year fully amortized variable rate notes, coupon adjusted
semi-annually at 400 bp above LIBOR
c. 10-year 5.60% notes
d. 30-year 7% deferred interest bonds amortized after 20 years
e. 30-year 5.75% fully amortized bonds.
Which of the following is most likely to be a Z-tranche of a CDO? a. 2-year 2.75% notes b. 10-year fully amortized varia
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