Z tranche is the lowest-ranked tranche of a bond that relies on payments from underlying securities whose owners are entitled to any coupon payments only after more senior tranches are paid off.
RY 169.95 -0.0999% TD 76.52 -0.3127% SHOP 109.18 -0.9795% CNR 150.25 -0.4835% ENB 56.8 0.6735% CP 108.62 0.9855% BMO 125.64 -0.7975% TRI 230.56 0.1912% CNQ 48.12 1.7766% BN 75.605 1.8798% ATD 72.76 -0.3834% CSU 4248.77 -0.2144% BNS 74.36 2.6505% CM 88.0 0.1365% SU 53.17 1.3534% TRP 64.85 0.3715% NGT 63.47 0.5067% WCN 246.98 -0.0688% MFC 41.51 0.9239% BCE 41.47 -7.4537%
Z tranche is the lowest-ranked tranche of a bond that relies on payments from underlying securities whose owners are entitled to any coupon payments only after more senior tranches are paid off.