Bond Education | Glossary
Deal Number
The industry standard name for a CMO or asset-backed deal. Freddie Mac Deal Numbers are simple chronological sequence numbers. Fannie Mae, Ginnie Mae and many private label CMOs and asset backed Deal Numbers consist of a hyphenated combination of the year of issuance and a sequence number, e.g., FNR 2005-47 represents the 47th Fannie Mae deal in 2005.