{"id":165968,"date":"2022-05-06T15:49:49","date_gmt":"2022-05-06T15:49:49","guid":{"rendered":"https:\/\/theotcspace.com\/knowledge_item\/tranche\/"},"modified":"2022-05-06T15:49:50","modified_gmt":"2022-05-06T15:49:50","slug":"tranche","status":"publish","type":"knowledge_item","link":"https:\/\/theotcspace.com\/knowledge_item\/tranche\/","title":{"rendered":"Tranche"},"content":{"rendered":"","protected":false},"excerpt":{"rendered":"<p>The risk range of two adjacent risk levels or classes in a Collateralized Debt Obligation (CDO). The lower bound of the risk level of a tranche is often referred to as an attachment point and the upper bound a detachment point. Tranche is derived from the French word for &#8220;slice&#8221;. Each tranche is a separate security with its own interest rate, maturity date and cash flows.<\/p>\n","protected":false},"template":"","meta":{"_acf_changed":false},"knowledge_category":[4262],"acf":[],"_links":{"self":[{"href":"https:\/\/theotcspace.com\/wp-json\/wp\/v2\/knowledge_item\/165968"}],"collection":[{"href":"https:\/\/theotcspace.com\/wp-json\/wp\/v2\/knowledge_item"}],"about":[{"href":"https:\/\/theotcspace.com\/wp-json\/wp\/v2\/types\/knowledge_item"}],"wp:attachment":[{"href":"https:\/\/theotcspace.com\/wp-json\/wp\/v2\/media?parent=165968"}],"wp:term":[{"taxonomy":"knowledge_category","embeddable":true,"href":"https:\/\/theotcspace.com\/wp-json\/wp\/v2\/knowledge_category?post=165968"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}