spread-tests

  1. Nicole Seaman

    P2.T6.24.19 CLO Cashflows, Estimating Overcollateralization, and Spread Tests

    Learning Objectives: Compute and evaluate one or two iterations of interim cashflows in a three-tiered securitization structure. Describe the treatment of excess spread in a securitization structure and estimate the value of the overcollateralization account at the end of each year. Explain the...
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