Collateralised Mortgage Obligations
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CMOs originated in the USA in 1983 after they were introduced by First Boston and The Federal Home Mortgage Loan Corporation.…
Mortgage Backed Securities
The Federal National Mortgage Association (Fannie Mae) was set up in 1948 by the government to encourage home ownership in the…
Asset Backed Securities
The issue of asset backed securities is the process whereby traditional bank assets (for example, mortgages) are sold by a bank…
Money supply, Monetary Control or Price Stability
A country’s money supply is defined as currency in circulation outside the banking system plus deposits held at banks.36 Banks play…
Term Insurance and Annuities
Term Insurance is the simplest and most affordable form of protection plan. The benefit of term insurance is paid out…
Unit Trusts
A unit trust is a professionally managed investment fund investing in a portfolio of financial assets. Unit trust holders own…
Fixed Income Securities
A simple analogy for the fixed income securities or bonds is that if you borrow from a bank to buy…
Unemployment and Public Debt in the Eurozone
The Eurozone is an economic and monetary union, which consists of 19 countries within the European Union, which in itself…
Trade and Current Account in the Eurozone
The Eurozone is an economic and monetary union which consists of 19 countries within the European Union, which in itself…
Hopes on banking sector
Banking sector showed a fall in net profit over the last quarter. Though economy showed a positive growth in last…