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How are the securities for the defeasance collateral purchased?

April 26, 2017collateral defeasance securities

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How are the securities for the defeasance collateral purchased?

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Chatham Financial has developed an auction process that guarantees our clients efficient pricing on the securities purchased. This auction is conducted live, ensuring that all bids are highly competitive. Chatham Financial is not a broker dealer. We have no interest in providing “flow” to specific banks, we receive no incentives from any banks, and we do not make any profit on the securities purchase itself.