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Balloon maturity |
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Balloon maturityAny large principal payment due at maturity for a bond or loan with or without a sinking fund requirement.Balloon maturity Similar MatchesMaturity dateMaturity dateUsually used for bonds. Date that the bond finishes and is paid off. Date on which the principal amount of a note, draft, acceptance, bond, or other debt instrument becomes due and payable. Original maturityOriginal maturityMaturity at issue. For example, a five-year note has an original maturity of five years; one year later it has a maturity of four years. Weighted average maturityWeighted average maturityThe weighted average maturity of an MBS is the weighted average of the remaining terms to maturity of the mortgages underlying the collateral pool at the date issue, using as the weighting factor the balance of each of the mortgages as of the issue date. Time to maturityTime to maturityThe time remaining until a financial contract expires. Also called time until expiration. Stated maturityStated maturityFor the CMO tranche, the date the last payment would occur at zero CPR. Further SuggestionsMaturity factoringWeighted average remaining maturity Return to maturity expectations yield to maturity Escrowed to Maturity (ETM) Projected maturity date Maturity phase Remaining maturity Current maturity maturity Maturity Maturity spread |
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