Stated maturity
Definition: [crh] For the CMO tranche, the date the last payment would occur at zero CPR.
Stated maturity
For the CMO tranche, the date the last payment would occur at zero CPR.
Term to maturity ...
Stated Maturity (in banking)
Derivative Mortgage-Backed Securities (in banking)
Tranche (in banking)
Bond (in banking) ...
[ITDS] Actions taken to pay the principal amount prior to the stated maturity date, in accordance with the provisions for 'redemption' stated in the proceedings and on the securities. Often referred to as 'prior redemption'. Compare 'Prepayment'.
callable bond A bond that the issuer is permitted or required to redeem before the stated maturity date at a specified price, usually at or above par, by giving notice of redemption in a manner specified in the bond contract.
The broad, regulatory definition of this term is debt securities whose cash flow characteristics (coupon, redemption amount, or stated maturity) depend upon one or more indices and/or that have embedded forwards or options.
The interest rate the largest international banks charge each other for loans of a stated maturity. This is a base index for setting some adjustable rate financial instruments.
When a bond is noncallable, the issuer cannot redeem it before the stated maturity date. Some bonds have call protection for their full term, and others for a fixed period - often ten years.
A bond that can be redeemed by the issuer before the stated maturity date. Usually, the bond cannot be redeemed before a certain time, say 5 years. And often bonds are only callable at certain times.
annualized percentage return of a bond held until its stated maturity. This is a commonly accepted method of comparing yields on bonds with different coupon interest rates, ...
INTERMEDIATETERM MORTGAGE - A mortgage loan with a stated maturity at the time of purchase that it is e...
INTERMEDIATION - the process carried out by a financial institution serving as a link, or intermediary,...
A debenture is the instrument a mortgage loan company or a savings and loan company issue. Debentures have stated maturity dates and rates of interest. They are insured up to the $100,000 limit with Canada Deposit Insurance Corp.
To define, 'A fixed Maturity Plan is a closed-end fund that invests in debt and money market instruments of the same maturity as the stated maturity of the plan.
Fixed Income: Debt instruments of corporations, government or agencies characterized by a fixed interest rate and stated maturity date. Included are marketable bonds, cash equivalents and guaranteed investment contracts.
The product of the number of bonds (1 bond equals $1,000, regardless of actual denomination) and the number of years from issuance to stated maturity. Partial years are expressed in decimals.
A call feature is a provision that allows a corporation to redeem outstanding securities at a specified price before the stated maturity. The feature is common with fixed-income securities such as debt or preferred shares.
Call option ...
Term Bond - Is a newly issued municipal bond with one stated maturity. This compares to Serial Bonds.
A provision whereby a bond continues to pay interest beyond its stated maturity.
Extrinsic Value
See Time Value.
London Inter-Bank Offer Rate (LIBOR): The interest rate the largest international banks charge each other for loans of a stated maturity. This is a base index for setting some adjustable rate financial instruments.
An FDIC insured certificate of deposit (CD) that contains a call feature similar to other types of callable fixed-income securities. Callable CDs can be redeemed (called away) by the issuing bank prior to their stated maturity, ...
In different cases the financial assets may terminate before the stated maturity (in presence of call provisions, bankruptcy of the issuer..)or can be also increased or extended on demand of both counterparties.
global security' means a security which is held for the benefit of the purchasers of the obligations of the issuer and interests in which are exchangeable for securities in definitive, registered, or bearer form prior to its stated maturity.
Put Bond - A bond providing the holder with an option to tender a bond to the issuer for redemption at par on a specific future date or dates prior to stated maturity.
Zero Coupon Bond: A bond that pays no periodic interest, but returns a given amount of principal at a stated maturity date.
The right in options contracts to buy underlying securities at a specified price at a specified time. Also refers to provisions in bond contracts that allows issuers to buy back bonds prior to their stated maturity.
Capital Appreciation ...
At the time of issuance of a convertible security, the price the issuer effectively grants the securityholder to purchase the common stock, equal to the par value of the convertible security divided by the conversion ratio.
Stated maturity ...
face amount), and a term (e.g., 10 years -- meaning the bond matures 10 years from the designated issue date). In other words, a $1,000, 5%, 10-year bond would pay $50 per year for 10 years (as interest), and then pay $1,000 at the stated maturity ...
Under SBA's ERLC program, any number of withdrawals and repayments can be made as long as the dollar limit on the line of credit is not exceeded and disbursements are made within the stated maturity period (not more than 18 months).
 See also: Banks, Tranche, Expense, Values, Saving
  
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