gross coupon

См. также в других словарях:

• Gross Coupon — A term used to describe the coupon received from a mortgage pool security such as a mortgage backed security (MBS). Gross coupon refers to the average of all the interest rates in the pool paid by the owners of the mortgages and before any… …   Investment dictionary

• 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

• 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

• gross margin — margin, gross margin, net margin, security margin, variation margin (1) An amount of cash or collateral that a buyer or borrower must provide in excess of value owed to that buyer or borrower by a seller, lender or depositor. Ensures performance… …   Financial and business terms

• gross redemption yield — The total return on a bond, taking into account both coupon and the capital gain or loss on maturity. It is calculated as the flat yield of the bond plus any capital gain on redemption (less any capital loss), where the capital gain or loss is… …   Financial and business terms

• Weighted average coupon — The weighted average of the gross interest rate of the mortgages underlying the pool as of the pool issue date, with the balance of each mortgage used as the weighting factor. The New York Times Financial Glossary * * *    The weighted average… …   Financial and business terms

• weighted-average coupon — ( WAC) The average interest rate charged to mortgage loan borrowers in an MBS pool weighted by the size of each loan. Individual loans in an MBS pool will not usually have the same rates of interest. For example, FNMA pools may have mortgages… …   Financial and business terms

• weighted average coupon — ( WAC) The weighted average of the gross interest rates of mortgages underlying a pool as of the pool issue date; the balance of each mortgage is used as the weighting factor. Bloomberg Financial Dictionary * * *    The weighted average coupon… …   Financial and business terms

• Weighted Average Coupon - WAC — The weighted average gross interest rates of the pool of mortgages that underlie a mortgage backed security (MBS) at the time the securities were issued. A mortgage backed security s current WAC can differ from its original WAC as the underlying… …   Investment dictionary

• flat yield — The annual gross coupon on a bond divided by its price and expressed as a percentage. For example, a bond with a 10% coupon and a price of 95 has a flat yield of 10 w 95 = 10.5%. Dresdner Kleinwort Wasserstein financial glossary …   Financial and business terms

• net redemption yield — The gross redemption yield on a bond less any tax charges suffered by the investor. For a private investor investing in gilts, it is usually calculated as [(Gross coupon ∕ Market price) x (1 individual s marginal tax rate) + (Par Market price ∕… …   Financial and business terms