Dictionary
Thesaurus
Encyclopedia
Translator
Web

interest only (io) strips

 - 1 dictionary result
Financial Dictionary

Interest Only (IO) Strips

A security based solely on interest payments from a bond.

Investopedia Commentary

After the principal has been repaid, interest payments stop, and the value of the IO falls to nothing.

Related Links

Bond Basics Tutorial

See also: Bond, Coupon, Interest, Principal, Security

Investopedia.com. Copyright © 1999-2005 - All rights reserved. Owned and Operated by Investopedia Inc.
Cite This Source
Search another word or see interest only (io) strips on Thesaurus | Reference
FacebookTwitterFollow us: