Book entry securities
The financial definition for Book entry securities:
System in which securities are not represented by paper securities but are maintained in computerized records at the securities in the names of member banks, which in turn keep computer records of the securities they own as well as those they are holding for customers. In the case of other securities where a securities has developed, certificates reside in a central securities or by another securities. These securities do not move from holder to holder.
Agency securitiesAgency securities
Securities issued by federally related institutions and U.S. government-sponsored entities. Such agencies were created to reduce borrowing costs for certain sectors of the economy, such as agriculture.
Certificate of Accrual on Treasury Securities (CATS)Certificate of Accrual on Treasury Securities (CATS)
Refers to a zero-coupon US Treasury issue that is sold at a deep discount from the face value and pays no coupon interest during its lifetime, but returns the full face value at maturity.
Commercial Mortgage Backed SecuritiesCommercial Mortgage Backed Securities
Similar to MBS but backed by loans secured with commercial rather than residential property. Commercial property includes multi-family, retail, office, etc., They are not standardized so there are a lot of details associated with structure, credit enhancement, diversification, etc., that need to be understood when valuing these instruments.
Further Suggestions Committee on Uniform Securities Identification Procedures (CUSIP)
European Association of Securities Dealers Automated Quotation (EASDAQ)
Federal agency securities
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