Agency Jump Tranche

From Open Risk Manual

Definition

Agency Jump Tranche. A tranche where if there is some sort of trigger event reached then the holders of the tranche will begin to receive payments.


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.