开发者:上海品职教育科技有限公司 隐私政策详情

应用版本:4.2.11(IOS)｜3.2.5(安卓)APP下载

返回

LHY · 2020年10月14日

问一道题：NO.PZ2016082405000100

  1. FRM II
  2. Credit Risk Measurement And Management

问题如下：

Which of the following subprime characteristics provide direct protection for senior tranches?

选项：

A.

Subordination, excess spread, and shifting interest.

B.

Subordination, prepayments, and shifting interest.

C.

Overcollateralization, excess spread, and timing of losses.

D.

Overcollateralization, excess spread, and prepayments.

解释：

A Subordination, excess spread, and shifting interest provide protection for senior tranches. Overcollateralization also provides protection for senior tranches. Timing of losses impacts excess spreads. Prepayments can accelerate or decelerate the cash flows to senior tranches.

shifting interest 指的是啥？

添加评论
1 个答案

品职答疑小助手雍 · 2020年10月15日

嗨，努力学习的PZer你好：


就是前期某段时间（一般是36个月），其他层只还利息，只有senior层还的事本金+利息。


-------------------------------
努力的时光都是限量版，加油！


  • 1

    回答

  • 1

    关注

  • 378

    浏览
相关问题

NO.PZ2016082405000100 Whiof the following subprime characteristiprovi reprotection for senior tranches? Subornation, excess sprea anshifting interest. Subornation, prepayments, anshifting interest. Overcollateralization, excess sprea antiming of losses. Overcollateralization, excess sprea anprepayments. A Subornation, excess sprea anshifting interest provi protection for senior tranches. Overcollateralization also provis protection for senior tranches. Timing of losses impacts excess sprea. Prepayments caccelerate or celerate the cash flows to senior tranches. 看到老师回复说shifting interest前期某段时间（一般是36个月），其他层只还利息，只有senior层还的事本金+利息。 问题那么senior直接前期就还了本金，这不是和prepayment一样吗？对s层应该是不好的事情吧？

2021-05-02 12:11 1 · 回答

NO.PZ2016082405000100 Whiof the following subprime characteristiprovi reprotection for senior tranches? Subornation, excess sprea anshifting interest. Subornation, prepayments, anshifting interest. Overcollateralization, excess sprea antiming of losses. Overcollateralization, excess sprea anprepayments. A Subornation, excess sprea anshifting interest provi protection for senior tranches. Overcollateralization also provis protection for senior tranches. Timing of losses impacts excess sprea. Prepayments caccelerate or celerate the cash flows to senior tranches. 1.Timing of losses impacts excess sprea他是如何impacts excess sprea呢 2.其实overcollateralization是直接影响的吧？只不过他里面包括了其他错误的所以不选对吗？

2021-05-02 10:20 1 · 回答

overcollateralization的是equity tranche吧？所以算是间接保护了senior？

2019-11-06 22:16 1 · 回答

C错在哪里？下面说overcollateralization also provi protection for seniir tranches

2019-08-01 18:34 2 · 回答