MBS Tranche Note

From Open Risk Manual

Definition

MBS Tranche Note. An individual note of a tranche.

A Tranche is made up of e.g. $500m in notes and so on. These may be in different notes, with different denominations. Analytics that would apply to the Tranche would by implication apply to each slice of the tranche.

Disclaimer

This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.