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Related to Tibet: Dalai Lama

PO

Principal Only

Describing a derivative in which the underlying assets are the future principal payments on a pool of mortgages or other debt obligations. Principal-only derivatives are issued at a deep discount to their par value; that is, one buys such derivatives for an amount less than the principal payments to which the holder is entitled. The gain on a principal-only derivative comes from the amount by which principal payments exceed the amount that the holder pays for the security. For that reason, holders of these derivatives can benefit from prepayment risk because when property owners repay their mortgages more quickly, principal-only derivative holders receive their returns more quickly.

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References in periodicals archive ?
Members from half a dozen European countries joined the protest to demand China stop atrocities in Tibet.
The rebellion triggered a Chinese military crackdown in Tibet that forced the Dalai Lama and hundreds of thousands of Tibetans into exile.
Tibet Airlines currently operates an all-Airbus fleet comprising of 14 A319s and 2 A320s.
The British wanted settled borders with Tibet and were prepared to give China suzeranity over Tibet to ward off the Russians from coming to Tibet.
Chairman Mao, America's new Cold War foe, was determined to reassert Chinese rule over Tibet and sent in the battle-hardened People's Liberation Army to pacify it the following year.
Both Byrne-Rosengren and Padma Dolma, the Executive Director of Students for a Free Tibet UK, both attended the shareholders meeting and were able to question the hotel giant's board members of their plans in Tibet.
A report in Saudi Aramco world reveals that Muslim traders were already a long-established presence in Lhasa and other major Tibetan cities by the 17th century, the reign of the fifth Dalai Lama (1617-1682) marked a turning point for Islam in Tibet.
The company said that the new Tibet small group tours would offer a chance for customers to explore Tibet in many different ways.
According to Free Tibet, more than 50 Tibetans have set themselves on fire in China since 2009 to protest Chinese rule.
According to Free Tibet, a campaign promoting Tibetan independence from China, there have been more than 30 self-immolations since March 2011.
EI 23 de mayo de este ano, China conmemoro el 60 [grados] aniversario de liberacion pacifica del Tibet, evento grandioso para el pueblo chino, sobre todo para los diversos grupos etnicos de la region autonoma del Tibet.
The arrangement allows Air China PhoenixMiles members to earn Status Mileage on all scheduled flights operated by Tibet Airlines and to redeem Award Tickets on all scheduled flights operated and marketed by Tibet Airlines from 1 November 2011.

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