Pricing Asset Backed Senior Note
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28.11.2022
Co-author
Affiliation
BMO
Main category
Economics (General Management)
Abstract
An early amortization event is a set of circumstances specified in the offering memorandum, which if it were to occur, would effectively move the liquidation date forward to the time of its occurrence. Generally, early amortization is triggered by the failure of the pool assets to remain within a certain range of value or quality
Further information
Further reading
https://ia601506.us.archive.org/32/items/abs-analytics/AbsAnalytics.pdf
Language
English
DOI
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