Mezzanine CDO Tranche
From Open Risk Manual
Definition
Mezzanine CDO Tranche. The tranche between senior and subordinated. Mezzanine tranches of a CDO issue are typically rated B to BBB.
If there are defaults or the CDO's collateral otherwise underperforms, scheduled payments to mezzanine tranches take precedence over those to subordinated/equity tranches.
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.
Facts about "Mezzanine CDO Tranche"
| IsDefinedBy URI of an entity that is defined via an imported vocabulary. | https://spec.edmcouncil.org/fibo/ontology/SEC/Debt/AssetBackedSecurities/CDOs/index-en.html + |
