rule variance what is
Meaning of Variance rule explanation. What is securities that can be delivered to satisfy a TBA.

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Variance rule definition

Meaning VARIANCE RULE: Specifies the permitted minimum or maximum quantity of securities that can be delivered to satisfy a TBA trade. For Ginnie Mae, Fannie Mae, and Freddie Mac pass-through securities, the accepted variance is plus or minus 2.499999 % per million of the par value of the T.B.A. quantity

More terms such as Variance rule in Dictionary V.

Definition Voting Stock:
Examples The shares in a corporation that entitle the shareholder to vote variance rule definition.
Definition Variable-Rate Demand Note:
Examples A note that is payable on demand and bears interest tied to a money market rate variance rule explain.
Definition Vertical Analysis:
Examples Dividing each expense item in the income statement of a given year by net sales to identify expense items that rise more quickly or more slowly than a change in sales variance rule what is.
Definition Variable Life Insurance Policy:
Examples insurance policy that provides a death benefit dependent on the insured's portfolio market value at the time of death. Typically the company invests premiums in common stocks, so variable life variance rule meaning.
Definition Value Line Investment Survey:
Examples A proprietary service that ranks stocks for timeliness and safety variance rule abbreviation.
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