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标题: Curtailment Vs Prepayment [打印本页]

作者: edgeon    时间: 2011-7-11 18:29     标题: Curtailment Vs Prepayment

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.
作者: ishfaque    时间: 2011-7-11 18:29

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.




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