Tranche types that have been included in a CMO structure are sequential-pay bonds, accrual bonds (or Z-bonds), PAC bonds, and support bonds.

Name: Tranche types that have been included in a CMO structure are sequential-pay bonds, accrual bonds (or Z-bonds), PAC bonds, and support bonds.
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Quizplus · Accepted Answer

This statement is true. Sequential-pay bonds, accrual bonds, PAC bonds, and support bonds are all types of tranches that may be included in a CMO structure.

Tranche Types That Have Been Included in a CMO Structure