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Balloon maturity |
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Balloon maturity Any large principal payment due at maturity for a bond or loan with or without a sinking fund requirement. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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Fitch IBCA believes that its mortgage refinance constant is appropriately higher than the actual interest rate to mitigate the risk that refinancing costs will be higher at the balloon maturity date. |
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