What does AP stand for?

Old Mutual Financial Network introduced OM Income Advantage, which offers up to two 10-year accumulation periods currently offering 4% or 6% roll-ups, the ability to restart a roll-up period, and the flexibility to stop and start income payments at any time during the withdrawal period.

Friday is the deadline for the reserve accumulation period.

The transactions that will be affected by this delay are as follows: --DCMT 1, series 2003-4, subseries 2, accumulation period shortened to 11 months from 12 months; --DCMT 1, series 2007-1, accumulation period shortened to one month from two months; --DCENT class B&C (2007-2), accumulation period shortened to eight months from nine months; --DCENT class B&C (2008-3), accumulation period shortened to eight months from nine months; --DCENT class B&C (2008-1), accumulation period shortened to two months from three months; --DCENT class B&C (2008-2), accumulation period shortened to five months from six months; --DCENT class A&B (2008-A), liquidation period shortened to five months from six months.

NEW YORK -- Discover Bank (Discover) will shorten the accumulation period for certain transactions issued out of the Discover Card Master Trust I (DCMT) and Discover Card Execution Note Trust (DECNT), according to Fitch Ratings.

Brokers said fund demand was weak in the morning as Monday marked the first day of a new accumulation period for monthly reserves of banks at the Bank of Japan.

The series 2002-B bonds were structured with a 9-month accumulation period and began funding the PFA in January 2007.

Brokers said that although they saw some fund procurement activity early in the morning, fund demand remained weak in general despite the fact that Friday is the last day of the accumulation period for monthly reserves of banks at the Bank of Japan (BOJ).

Following a variable accumulation period, principal is expected to be paid to class A certificateholders on the April 2010 distribution date and to class B certificateholders one month later.