DESK TERMINAL
4663CHAIN
PAPERS
—
IN THE BOOK
—
TICKETS
—
WINDOW
—
GRADE D 12%·TIMELOCK 10 MIN·CHAIN 4663·PAPERS 0·TICK DEV —·GRADE A 35%·GRADE B 22%·GRADE C 65%·GRADE D 12%·TIMELOCK 10 MIN·GRADE D 12%·TIMELOCK 10 MIN·CHAIN 4663·PAPERS 0·TICK DEV —·GRADE A 35%·GRADE B 22%·GRADE C 65%·GRADE D 12%·TIMELOCK 10 MIN·GRADE D 12%·TIMELOCK 10 MIN·CHAIN 4663·PAPERS 0·TICK DEV —·GRADE A 35%·GRADE B 22%·GRADE C 65%·GRADE D 12%·TIMELOCK 10 MIN·
Post collateral
FORM LB-01 · CUSTODY
opens a ticket
Draw
FORM LB-03 · DISBURSAL
grade—
collateral—
debt—
max draw—
margin ratio—
Tenor
THE TAPE SETS THE TERM
annual inflow—
float leg—
coverage C—
rate multiplier φ(C)—
TENOR
—years
The term is computed from measured pool turnover and counts the sixth of fees the pool holds back. Every skim recalculates it.
Repay & retire
FORM LB-05 · SETTLEMENT
Retire returns the position once the debt reads zero.