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Here at ICM we believe our clients should look at ALL opportunities to achieve their goals in the fixed income markets. Through bond analysis and market research we believe that our clients can be served in any market atmosphere. t eget augue
A type of mortgage-backed security that creates separate pools of pass-through rates for different classes of bondholders with varying maturities, called tranches. The repayments from the pool of pass-through securities are used to retire the bonds in the order specified by the bonds' prospectus. - Investopedia.com