One of a set of classes or risk maturities which comprise a multiple-class security, such as a CMO or REMIC; a class of bonds; collateralized mortgage obligations are structured with several tranches of bonds that have various maturities
A specified part of a larger transaction Each purchase and resale of a separate block of bank instruments in a trading group is known as a tranche For example, a contract may the signed to buy 10 billion dollars worth of bank paper with an initial tranche (or purchase) of 500 million dollars
A securities classification within a collateralized mortgage obligation characterized by a particular payment structure For instance, a CMO may include one bond class (tranche) in which the holder receives all principal payments and prepayments until the face value of the security has been satisfied Another class may stipulate that the holder receives principal payments only after the first tranche holders have been paid This division does not change the risk profile of the underlying pool of mortgages but it does apportion the risk in different ways
A French word used to describe segments of the IPO being sold in different countries A multi-tranche distribution is commonly used for large U S and foreign IPOs where there is demand both in the U S and in their home country
A part of a single market operation which may have shared documentation, but different terms; e g , a $200 million issue, one tranche of $100 million having a maturity of 5 years and the second tranche of $100 million having a 10 year maturity
Term to describe a specific class of bonds within an offering, usually each tranche offers varying degrees of risk to the investor The piece, portion or slice of a deal or structured financing The so called "A to Z" securities of a CMO offering of a partitioned MBS portfolio It can also refer to segments which are offered domestically and internationally Tranches have distinctive features which for economic or legal purposes must be financially engineered or structured in order to conform to prevailing requirements
One of several related securities offered at the same time Tranches from the same offering usually have different risk, reward, and/or maturity characteristics
(French: "installment" or "block of shares ") A percentage of an International Monetary Fund member's quota that it may withdraw to stabilize its currency or to meet balance-of-payments obligations
In economics, a tranche of shares in a company, or a tranche of a company, is a number of shares in that company. On February 12th he put up for sale a second tranche of 32 state-owned companies
One of a set of classes or risk maturities which comprise a multiple-class security, such as a CMO or REMIC. A class of bonds. Collateralized mortgage obligations are structured with several tranches of bonds that have various maturities
An allocation made to a geographic region Traditional references are for overseas allocations through an 'international tranche' but there may be various sub-tranches to different regions around the world
Instalment of a loan, can take the form of - multiple instalments - at different interest rates or of international bond issues in different currencies
In terms of BIODIVERSITY ACTION PLANS, this is a grouping of SPECIES ACTION PLANS and/or HABITAT ACTION PLANS released in a given period of time thus the UK BAP has been produced in two tranches
tranches
Турецкое произношение
tränçez
Произношение
/ˈtranʧez/ /ˈtrænʧɛz/
Этимология
[ 'tränsh ] (noun.) 1930. French, literally, slice, from Old French, from trenchier, trancher to cut; more at TRENCH.