current production rate

Current production rate

Current 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.

current production rate

The maximum interest rate payable on current Ginnie Mae pass throughs. The current production rate is usually 1/2 of 1% under the rate of interest charged on mortgages backing the pass throughs, with the difference covering service charges to the firm processing the mortgages.
References in periodicals archive ?
The expert went on to say that Iraq's current production rate at four mln bpd is expected to continue for another two years.
Saudi Arabia, however, in an attempt to maintain its share in the oil market and considering the decline in crude oil prices to be short term phenomenon, has decided to maintain its current production rate and carry on with its oil and gas exploration and production activities as planned.
Petrodelta's current production rate is approximately 40,400 BOPD and the 2015 expected average production rate is 41,345 BOPD with capital expenditures projected at $265.
However, Saudi Arabia in an attempt to maintain its share in the oil market and considering the decline in crude oil prices to be a short term phenomenon, has decided to maintain its current production rate and carry on with its oil and gas exploration and production activities as planned.
The minister revealed the reason behind OPEC's decision last November to keep the current production rate un-changed by recalling that non-OPEC producers increased their output in the 1980s, when OPEC had decided to slow down.
The kingdom, a founder member and historic power broker of Opec, also possesses one million barrels per day (mbd) of spare capacity at its current production rate, more than 90 per cent of the group's spare production.
Asked if he based his forecast on the current production rate of 8.
The current production rate in block 3 and 7 is averaging 185,000 barrels per day.
The company reports that, while six machines a month is its historical average, its current production rate is substantially higher and estimate that machine 2,000 will be delivered in 2017.
The aircraft manufacturer and its suppliers will prepare for the rate increase over the next 18 months and will assess readiness to ensure an orderly ramp up from the current production rate of 31.
Hopefully they can increase the yields with the current production rate.
The information available in this regard indicate that the current production rate of OPEC's member countries - that are participating in production quotas- is about 26.

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