Dollar roll


Also found in: Wikipedia.

Dollar roll

Similar to the reverse repurchase agreement-a simultaneous agreement to sell a security held in a portfolio with purchase of a similar security at a future date at an agreed-upon price.
Mentioned in ?
References in periodicals archive ?
It accounts for TBA securities as derivative instruments and recognizes dollar roll income and other realized and unrealized gains and losses on TBA securities in other gains (losses), net on the Company's consolidated statements of operations.
A dollar roll is simply the combination of one TBA trade with a simultaneous and offsetting TBA trade settling on a different date.
In particular, strong demand for Gold PCs as collateral for real estate mortgage investment conduits (REMICs) has pushed implied dollar roll financing rates to as low as 4 percent in the past few months.
Under a dollar roll transaction, the Fund sells securities for delivery in the current month, or sells securities it has purchased on a "to-be-announced" basis, and simultaneously contracts to repurchase substantially similar (same type and coupon) securities on a specified future date.
A scrumptious spread of food stations was provided by Chefs Market A grand salad station of fresh vegetables, cheeses, dressings, macaroni salad, and chicken salad led guests into the Southern comfort station, which included handcarved beef tenderloin, mashed potatoes and gravy, squash casserole, green bean bundles, and silver dollar rolls.
Gibbens notes that there is a multiplier effect--each health dollar rolls over in the rural community approximately 1.
In the tourism world, the visitor's dollar rolls over seven times in a community.
New Zealand Dollar rolls over to trade back below 0.
Leverage consisted of $90 million of rated APS $85 million of mortgage dollar rolls.
The fund's total leverage was approximately $179 million or 32% of net assets, consisting of approximately $90 million of rated APS and $89 million of mortgage dollar rolls.
Total assets consisted of approximately $90 million of rated APS and $79 million of mortgage dollar rolls.