Resources

FINCAD offers the most transparent solutions in the industry, providing extensive documentation with every product. This is complemented by an extensive library of white papers, articles and case studies.

Mortgage Backed Securities-Accrual Bonds

A type of Collateralized Mortgage Obligation (CMO bond), accrual bonds, or Z-bonds, receive no payments of interest or principal until all prior classes have been satisfied. The interest due to the accrual bond in each period accretes and is added to the existing principal balance of the bond due for payment at a later date. The interest payment is then used to pay down prior classes.

Video

F3 Video

The next generation of powerful valuation and risk solutions is here.

Brochure

F3 Brochure

Portfolio valuation and risk analytics for multi-asset derivatives and fixed income.