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excess spread

English translation: The net amount of interest payments from the underlying assets after bondholders and expenses are pa

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20:35 Jun 21, 2005
English to English translations [Non-PRO]
Bus/Financial - Accounting
English term or phrase: excess spread
"the total amount of the asset is $10, of which $5 represents the Group's additional continuing involvement from the subordination of its retained interest for credit losses and the excess spread
Rebeca
English translation:The net amount of interest payments from the underlying assets after bondholders and expenses are pa
Explanation:
The net amount of interest payments from the underlying assets after bondholders and expenses are paid and after all losses are covered. Excess spread may be paid into a reserve account and used as a partial credit enhancement or it may be released to the seller or the originator of the assets.
Selected response from:

Sven Petersson
Sweden
Local time: 13:23
Grading comment
Graded automatically based on peer agreement.
4 KudoZ points were awarded for this answer

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Summary of answers provided
4 +2The net amount of interest payments from the underlying assets after bondholders and expenses are pa
Sven Petersson


  

Answers


1 hr   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +2
The net amount of interest payments from the underlying assets after bondholders and expenses are pa


Explanation:
The net amount of interest payments from the underlying assets after bondholders and expenses are paid and after all losses are covered. Excess spread may be paid into a reserve account and used as a partial credit enhancement or it may be released to the seller or the originator of the assets.


    Reference: http://www.investinginbonds.com/learnmore.asp?catid=5&subcat...
Sven Petersson
Sweden
Local time: 13:23
Native speaker of: Native in SwedishSwedish, Native in EnglishEnglish
Grading comment
Graded automatically based on peer agreement.

Peer comments on this answer (and responses from the answerer)
agree  Robert Donahue
48 days
  -> Thank you very much!

agree  jennifer newsome
61 days
  -> Thank you very much!
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