BROWSE

Generic Securities

What is 'Generic Securities'

A security backed by recently issued loans or mortgages. Its value is less than that of a security whose backing is over one year old. Securities over a year old are called seasoned securities.

Explaining 'Generic Securities'

A generic security does not yet have a history that potential investors can look to for past performance rating as a seasoned security does. However, as they are valued less by investors, generic securities are less expensive to purchase.


Further Reading


Equilibrium in incomplete markets: I: A basic model of generic existence
www.sciencedirect.com [PDF]
Page 1. Journal of Mathematical Economics 14 (1985) 285-300. North-Holland … The final section contains preliminary results on generic existence of equilibrium for fixed securities satisfying structural restrictions. 2. The basic equilibrium problem …

Generic Bank: Accounting for Debt Securities Sales and ImpairmentsGeneric Bank: Accounting for Debt Securities Sales and Impairments
meridian.allenpress.com [PDF]
Page 1. Journal of Mathematical Economics 14 (1985) 285-300. North-Holland … The final section contains preliminary results on generic existence of equilibrium for fixed securities satisfying structural restrictions. 2. The basic equilibrium problem …

Real indeterminacy with financial assetsReal indeterminacy with financial assets
www.sciencedirect.com [PDF]
Page 1. Journal of Mathematical Economics 14 (1985) 285-300. North-Holland … The final section contains preliminary results on generic existence of equilibrium for fixed securities satisfying structural restrictions. 2. The basic equilibrium problem …

The Generic Ecosystem and Innovation Patterns of the Digital Transformation in the Financial Industry.The Generic Ecosystem and Innovation Patterns of the Digital Transformation in the Financial Industry.
aisel.aisnet.org [PDF]
Page 1. Journal of Mathematical Economics 14 (1985) 285-300. North-Holland … The final section contains preliminary results on generic existence of equilibrium for fixed securities satisfying structural restrictions. 2. The basic equilibrium problem …

High frequency pairs trading with US treasury securities: Risks and rewards for hedge fundsHigh frequency pairs trading with US treasury securities: Risks and rewards for hedge funds
papers.ssrn.com [PDF]
Page 1. Journal of Mathematical Economics 14 (1985) 285-300. North-Holland … The final section contains preliminary results on generic existence of equilibrium for fixed securities satisfying structural restrictions. 2. The basic equilibrium problem …

Capital flows, exchange rates, and the new international financial architecture: Six financial crises in search of a generic explanationCapital flows, exchange rates, and the new international financial architecture: Six financial crises in search of a generic explanation
link.springer.com [PDF]
Page 1. Journal of Mathematical Economics 14 (1985) 285-300. North-Holland … The final section contains preliminary results on generic existence of equilibrium for fixed securities satisfying structural restrictions. 2. The basic equilibrium problem …

Equilibrium in incomplete markets: II: Generic existence in stochastic economiesEquilibrium in incomplete markets: II: Generic existence in stochastic economies
www.sciencedirect.com [PDF]
Page 1. Journal of Mathematical Economics 14 (1985) 285-300. North-Holland … The final section contains preliminary results on generic existence of equilibrium for fixed securities satisfying structural restrictions. 2. The basic equilibrium problem …

Stage financing and the role of convertible securitiesStage financing and the role of convertible securities
academic.oup.com [PDF]
Page 1. Journal of Mathematical Economics 14 (1985) 285-300. North-Holland … The final section contains preliminary results on generic existence of equilibrium for fixed securities satisfying structural restrictions. 2. The basic equilibrium problem …

An empirical examination of the return distribution characteristics of agency mortgage pass-through securitiesAn empirical examination of the return distribution characteristics of agency mortgage pass-through securities
www.tandfonline.com [PDF]
Page 1. Journal of Mathematical Economics 14 (1985) 285-300. North-Holland … The final section contains preliminary results on generic existence of equilibrium for fixed securities satisfying structural restrictions. 2. The basic equilibrium problem …



Q&A About Generic Securities


Why are the values different?

Because investors believe in the future performance potential for an older, more established, seasoned one over that of a newer, less established, one.

What do you need to purchase a new issue bond?

You need to be registered with the Securities and Exchange Commission (SEC).

Where do you sell your bonds if no one wants them ?

If no one wants them , then you will have to take them back to where you bought them from . You may get some money back depending on how long it takes for someone else to want your bond . It could be years before someone buys it .

Who can buy these bonds from you when they mature ?

Anyone who wants them can buy them from you when they mature .

Where can you find information about new issues on sale?

On the Internet at www.securities-exchange-com/newissues/index_nifs_.htm

How are the values of generic and seasoned securities different?

The value of an older, more established, seasoned security is higher than that of a newer, less established, generic one.

What does a generic security have less of than a seasoned security?

A generic security has less value than that of a seasoned security.

What is a generic security?

A generic security is backed by recently issued loans or mortgages.

Are there any risks involved in buying and selling these bonds ?

Yes , there is risk involved because if interest rates go up , then people will not want to buy your bond as much as they did before . This means that its price will fall so that it becomes cheaper for other people who want your bond but cannot afford