pass through bond

pass through bond
Obligation udstedt med sikkerhed i et underliggende aktiv (f.eks. en pulje af fordringer i fast ejendom eller løsøre), hvor obligationsejeren samtidig ejer en ikke-specificerbar andel af det underliggende aktiv og således modtager afkastet direkte fra denne sikkerhed. I tilfælde af misligholdelse kan obligationsejeren henholde sig til selve aktivet. Danske kreditforeningsobligationer er sådanne pass through obligationer. Se pay through bond.

Anglo-danske finansiel ordbog. 2013.

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