Provident Financing Trust I, founded in the United States, serves as a financing vehicle designed to facilitate the funding of residential mortgage loans. The trust primarily offers a range of asset-backed securities, providing investors with opportunities to invest in mortgage-related financial products.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| UNM 7.41% 2038-03-15 USDProvident Financing Trust I | United States | 2038-03-15 | 7.405 | 6.36 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Provident Financing Trust I has issued various bond series, with significant activity noted especially in the early 2000s during housing market expansions. One notable issuance was in 2006, which allowed the trust to capitalize on favorable market conditions, leading to competitive yields that attracted retail investors. Currently, the trust maintains yields that align with industry standards, while its bonds often feature unique structural enhancements aimed at mitigating risk and enhancing investor confidence, especially in a fluctuating market.