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Yes but those products (Mortgage backed Securities) are cash products, like a bond or equity, NOT a derivative.
by retube 11y ago
Yes but those products (Mortgage backed Securities) are cash products, like a bond or equity, NOT a derivative.
- RobertoG 11y agoDepends on the definition. The wikipedia editors think it is: https://en.wikipedia.org/wiki/Derivative_%28finance%29#Mortgage-backed_securities https://en.wikipedia.org/wiki/Derivative_%28finance%29#Mortg...