pass-through coupon rate

pass-through coupon rate
The interest rate paid on a securitized pool of assets, which is less than the rate paid on the underlying loans by an amount equal to the servicing and guaranteeing fees. Bloomberg Financial Dictionary

Financial and business terms. 2012.

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  • Pass-through coupon rate — The interest rate paid on a securitized pool of assets, which is less than the rate paid on the underlying loans by an amount equal to the servicing and guaranteeing fees. The New York Times Financial Glossary …   Financial and business terms

  • coupon rate — coupon, coupon rate (1) The rate of interest received by the holder of a security. Not necessarily the same as the yield realized by the holder. See rate. (2) For pass through securities, the holder s coupon rate is the gross coupon of the… …   Financial and business terms

  • Pass-Through Rate — The rate on a securitized asset pool such as a mortgage backed security (MBS) that is passed through to investors once management fees and guarantee fees have been paid to the securitizing corporation. The pass through rate (also known as the… …   Investment dictionary

  • Pass-through rate — The net interest rate passed through to investors after deducting servicing, management, and guarantee fees from the gross mortgage coupon. The New York Times Financial Glossary …   Financial and business terms

  • pass-through rate — The net amount of interest paid to investors owning mortgage backed securities after all servicing and guarantee fees are deducted. American Banker Glossary The net interest rate passed through to investors after deducting servicing, management,… …   Financial and business terms

  • coupon — The interest rate on a debt instrument expressed in terms of a percent on an annualized basis that the issuer guarantees to pay the holder until maturity. Chicago Board of Trade glossary coupon, coupon rate (1) The rate of interest received by… …   Financial and business terms

  • production rate — The coupon rate at which a pass through security guaranteed by Ginnie Mae is issued. Bloomberg Financial Dictionary …   Financial and business terms

  • Ставка купона по ценным бумагам — Ставка купона по ценным бумагам, обеспеченных пулом ипотек процентная ставка, выплачиваемая по секьюритизированным активам ценных бумаг, выпущенных на основе пула ипотек или других кредитов. Размер такой ставки меньше размера ставки,… …   Финансовый словарь

  • Mortgage-backed security — Securities Securities Bond Stock Investment fund Derivative Structured finance Agency security …   Wikipedia

  • Collateralized mortgage obligation — Financial markets Public market Exchange Securities Bond market Fixed income Corporate bond Government bond Municipal bond …   Wikipedia

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