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Riskless Arbitrage—Stand‐Alone Collateralized Mortgage Obligations (CMOs)

Riskless Arbitrage—Stand‐Alone Collateralized Mortgage ...

Riskless Arbitrage—Stand‐Alone Collateralized Mortgage Obligations (CMOs)

https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_wiley_ebooks_10_1002_9781118935835_ch8_ch8

Riskless Arbitrage—Stand‐Alone Collateralized Mortgage Obligations (CMOs)

About this item

Full title

Riskless Arbitrage—Stand‐Alone Collateralized Mortgage Obligations (CMOs)

Publisher

Hoboken, NJ, USA: John Wiley & Sons, Inc

Journal title

Financial Stability, 2014, p.51-79

Language

English

Publication information

Publisher

Hoboken, NJ, USA: John Wiley & Sons, Inc

More information

Scope and Contents

Contents

In 1983, a riskless arbitrage innovation emerged that changed everything: the stand‐alone collateralized mortgage obligation (CMO). The stand‐alone CMO is the only financial innovation of the past several centuries that, when properly implemented, generates profit merely by altering the intermediation process. This chapter discusses how these instr...

Alternative Titles

Full title

Riskless Arbitrage—Stand‐Alone Collateralized Mortgage Obligations (CMOs)

Authors, Artists and Contributors

Identifiers

Primary Identifiers

Record Identifier

TN_cdi_wiley_ebooks_10_1002_9781118935835_ch8_ch8

Permalink

https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_wiley_ebooks_10_1002_9781118935835_ch8_ch8

Other Identifiers

ISBN

9781118935798,1118935799

DOI

10.1002/9781118935835.ch8

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