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求教1级notes中的一小段翻译,万分感谢!

这一段话我不是太理解,哪位高手能帮我翻译一下,谢谢!

A member describes an interest-only collateralized mortgage obligation as guaranteed by the U.S government since it is a claim against the cash flows of a pool of guaranteed mortgages,although the payment stream and the market value of the security are not guaranteed.

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