TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

pay-through bond [1 record]

Filter results by subject field Alphabetical list of terms

Filter results by subject field

Alphabetical list of terms

Record 1 1989-02-02

English

Subject field(s)
  • Stock Exchange
DEF

Debt securities collateralized by mortgage loans on the bond issuer's books. The income generated by the mortgages is used to pay principal and interest on the bonds. The best example is the collateralized mortgage obligation issued by the Federal Home Loan Mortgage Corporation.

French

Domaine(s)
  • Bourse

Spanish

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TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
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