Super Sinker

外汇网2021-06-19 20:53:58 53

A bond with long-term coupons but a short-term maturity. Super sinkers are usually home-financing bonds that give bondholders their principal back right away if homeowners ppay their mortgages. In other words, mortgage ppayments are used to retire a specified maturity.

|||Super sinkers are likely to be paid off in a relatively short time. As a result, holders may receive the higher long-term yield after only a short period.

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