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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. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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