Quimbee logo
DMCA.com Protection Status

Inverse Interest-Only (IO) Strips

Definition

Collateralized Mortgage Obligations (CMOs) that do not receive principal payments, but receive a rate of interest that floats inversely to an index rate.

Related Rules


Mauris finibus odio eu maximus interdum. Ut ultricies suscipit justo in bibendum. Sed eu magna efficitur, luctus lorem ut, tincidunt arcu. Praesent varius sit amet erat hendrerit placerat. In posuere eget ante id facilisis. Integer semper venenatis felis lacinia malesuada.

Banca Cremi, S.A. v. Alex. Brown & Sons, Inc.