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Production Rate

   Also found in: Wikipedia 0.01 sec.
Production rate

Production Rate
The highest interest rate payable on mortgage-backed securities guaranteed by the Government National Mortgage Association (Ginnie Mae). The current production rate is usually half a point less than what the homeowners are paying in interest on their mortgage. For example, if homeowners whose mortgages back the securities are paying 6% on their mortgages, the maximum interest payable is almost always 5.5%. See also: Ginnie Mae Pass-Through.

production rate
The coupon rate of interest at which pass-through securities issued by Ginnie Mae are issued. The production rate is set 0.5% below the maximum rate permitted on residential mortgages that are insured by the Federal Housing Administration. See also Ginnie Mae pass through.


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This operating curve makes it possible for an extrusion plant to benchmark itself against the industry average: * First, calculate your plant's global production rate (in kg/hr/machine).
The early August figure equates to an annualized production rate of nearly 610 million tons, more than 20 percent above actual production of 500 million tons in 2008.
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