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CYS Investments (CYS Investments) Accounts Payable & Accrued Expense for Financial Companies


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What is CYS Investments Accounts Payable & Accrued Expense for Financial Companies?

Accounts Payable & Accrued Expense for Financial Companies only applies to insurance companies.


CYS Investments (CYS Investments) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » CYS Investments Inc (NYSE:CYSpA.PFD) » Definitions » Accounts Payable & Accrued Expense for Financial Companies
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CYS Investments Inc is a specialty finance company with the objective of risk-adjusted investment income. The company generates its revenue primarily from the difference between the interest income earned on the investment portfolio and the cost of the company's borrowings and hedging activities. The company's investments include residential mortgage pass-through securities, for which the principal and interest payments are guaranteed by a government agency or government-sponsored entity; collateralised mortgage obligations issued by a government agency or government-sponsored entity; U.S. Treasuries; and debt securities issued by a government agency or a government-sponsored entity that is not backed by collateral.