Structured Repackaged Asset-Backed Imagine Protection (STRATS) Definition
What Is a Structured Repackaged Asset-Backed Trust Security (STRATS)? A structured repackaged asset-backed trust security (STRATS) is a derivative product that pays an income stream to the holder based upon a trust’s interest in an asset-backed security (ABS) and a related derivative product. Key Takeaways A structured repackages asset-backed trust security (STRATS) is a securitized