Curtailment Vs Prepayment 2010, msk, different, situation, there

edgeon

How is Curtailment different from Prepayment for Fixed Income securities?

Why would there be a situation for Curtailment?



Edited 1 time(s). Last edit at Wednesday, June 9, 2010 at 02:57PM by msk.

ishfaque

Yeah, this is confusing. When the loan is paid back completely, it is prepayment. When it is paid back partly, you can call it either prepayment or curtailment.