Tokenizer
Learn about the concept of average life in the context of debt instruments such as bonds, loans, and mortgage-backed securities, along with key calculations and associated risks.
Tokenizer
Dive deep into the concept of prepayment risk and learn how it can impact your fixed-income investments such as callable bonds and mortgage-backed securities.
Tokenizer
Dive deep into the concept of Weighted Average Loan Age (WALA), an essential metric for assessing the maturity and profitability of mortgage-backed securities. Discover how WALA functions, its differences with weighted average maturity (WAM), and its implications for investors.
