Super Sinker is a term maturity in a housing mortgage bond issue. These will be the first bonds to be called, on any interest payment date, from the proceeds of prepaid mortgages. The average mortgage is prepaid though refinancing or sale in 6. 8 years. While it is likely, it cannot be guaranteed that a super sinker will be called; as a result they are priced as a long-term bond but are most likely to be a short-term maturity. It is a way to get a higher yield for a short term bond.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). Super Sinker. Retrieved September 27, 2026, from http://smartdefine.org/super_sinker/definitions/1164567 |
| Chicago | Barry Goldsmith. 2010. "Super Sinker" http://smartdefine.org/super_sinker/definitions/1164567 (accessed September 27, 2026). |
| Harvard | Barry Goldsmith 2010, Super Sinker, Smart Define, viewed 27 September, 2026, <http://smartdefine.org/super_sinker/definitions/1164567>. |
| MLA | Barry Goldsmith. "Super Sinker" 21 October 2010. Web. 27 September 2026. <http://smartdefine.org/super_sinker/definitions/1164567> |