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  • Pass-through coupon rate

    I didn't see this discussed in Matt's MBS basics so I thought I might point out to anyone that might be interested that when looking at MBS pricing the rates quoted are the pass-through coupon rate. The interest rate of the coupon is adjusted to a yield that is 1/2 percent lower than the underlying...
    Posted to MBS Discussion (Forum) by Harlan Cooper on Thu, Jan 8 2009
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