Use: Select one of the options from the Other Category.
Default: N/A
Notes: Select Only to see only offerings with this criteria, select N/A to do nothing with this criteria or select Omit to not include this criteria on any offerings returned.
Description: A very stable CMO class, deriving its cash flows form the interest accretion of a Z-Tranche. Accretion Directed tranches are protected against extension risk even in very low prepayment speed scenarios.