National Bank of Canada (TSX:NA.PR.C.PFD) Mortgage Backed Securities (USD Mil) : 0.00 (As of . 20)

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What is National Bank of Canada Mortgage Backed Securities (USD Mil)?

Mortgage Backed Securities (USD Mil) is a type of investment similar to a bond that is made up of mortgage loans bought from the banks that issued them. It is a type of asset-backed security secured by a mortgage or collection of mortgages.

The historical rank and industry rank for National Bank of Canada's Mortgage Backed Securities (USD Mil) or its related term are showing as below:

National Bank of Canada Mortgage Backed Securities (USD Mil) Historical Data

The historical data trend for National Bank of Canada's Mortgage Backed Securities (USD Mil) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
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National Bank of Canada Mortgage Backed Securities (USD Mil) Chart

National Bank of Canada (TSX:NA.PR.C.PFD) Mortgage Backed Securities (USD Mil) Explanation

Mortgage Backed Securities (USD Mil) is a type of asset-backed security secured by a mortgage or collection of mortgages. The mortgages are aggregated and sold to a group of individuals (a government agency or investment bank) that securitizes, or packages, the loans together into a security that investors can buy. Investors are essentially lending money to home buyers, while the bank becomes an intermediary between the home buyer and the investors.

National Bank of Canada Mortgage Backed Securities (USD Mil) Related Terms

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National Bank of Canada (TSX:NA.PR.C.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » National Bank of Canada (TSX:NA.PR.C.PFD) » Definitions » Mortgage Backed Securities (USD Mil)

Comparable Companies

Traded in Other Exchanges

NTIOF:USA NBC:Germany NA.PR.G.PFD:Canada NA.PR.E.PFD:Canada NA.PR.W.PFD:Canada NA.PR.S.PFD:Canada NA:Canada

Address

600 Rue De La Gauchetiere West, 4th Floor, Montreal, QC, CAN, H3B 4L2

Website

https://www.nbc.ca

National Bank of Canada is the sixth-largest Canadian bank. The bank offers integrated financial services, primarily in the province of Quebec as well as the city of Toronto. Operational segments include personal and commercial banking, wealth management, and a financial markets group.

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