Index Amortizing Note

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Index Amortizing Note

A debt security that is structured to increase its maturity when prevailing interest rates are rising, and shorten it when they are falling. Thus, IANs are structured to protect holders from interest rate risk. See also: Collateralized mortgage obligation.
References in classic literature ?
No American goes slow," said Ian Maclaren, "if he has the chance of going fast; he does not stop to talk if he can talk walking; and he does not walk if he can ride.
We interviewed also through a grating in a mud wall closing a blind alley an immensely corpulent Ital ian, who, the ex-sergeant-major remarked to me perfunctorily, had "killed another man last year.
Ian Ramsey pupil Claire Huitson featured in the pages of the Gazette a few months later after winning a diving competition.
This press release was written by American Registry, LLC, with approval by and/or contributions from Ian S.
But when new owner Ian Turner was diagnosed with a complex medical condition, he proved to be an incredible support.
On Monday, yet another chapter of BBC1 despair begins when the police inform Ian that precious Lucy's body has been found on Walford Common.
Little Ella, four, is struggling to come to terms with the loss of Ian who died at the age of 32.
Sir Ian will officiate at the wedding of his Mirfield-born X-Men co-star when he weds girlfriend Sunny Ozell.
Eugene Grey, a close pal of the Irish mountaineer, will be hosting 'Sagamartha - a tribute to Ian McKeever' at the Grafton Lounge in Dublin on Tuesday.
At a cocktail party marking his sixteenth year in the jewellery business, Kevin Rosenberg unveiled the Ian Cufflinks, a limited edition set named in honour of his father Ian Rosenberg who started him off in the industry.