Dollar roll


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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.
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reported book value of $15.69 per common share, representing a 3.4% total quarterly return on book value; generated Comprehensive Income of $90.8 million, or $0.52 per weighted average basic common share; and reported Core Earnings, including dollar roll income, of $93.9 million, or $0.53 per weighted average basic common share, representing a return on average common equity of 13.5%.
? USD 0.60 net spread and dollar roll income per common share, excluding estimated "catch-up" premium amortization benefit
TBA trading has also led to the development of a funding and hedging mechanism unique to agency MBS: the dollar roll. A dollar roll is simply the combination of one TBA trade with a simultaneous and offsetting TBA trade settling on a different date.
Gold PCs are also attractive investments for swap-and-hold customers because of the opportunities they provide for low-rate financing through reverse repurchase agreements and dollar rolls. 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.
It reported Core Earnings including dollar roll income of $83.8 million, or $0.48 per weighted average basic common share, representing a return on average common equity of 11.8%.
Excluding TBA dollar roll income, we had net investment losses on our investment portfolio of $127.3 million.
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.
$0.44 net spread and dollar roll income per common share, excluding estimated "catch-up" premium amortization expense, compared to $0.52 per common share for the previous quarter
Average interest-earning portfolio yield including to-be-announced ("TBA") dollar roll income was 2.00% in the current quarter, up from 1.86% in the third quarter.
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. Other stations included the Italian station of seared fresh Gulf shrimp with gouda grits and pepper jack chicken pasta; the Southwestern Station of spinach con queso dip and chips with chicken and beef fajitas; and the tailgating station of mini pizzas and grilled pimiento cheese sandwiches.
Gibbens notes that there is a multiplier effect--each health dollar rolls over in the rural community approximately 1.5 times.
"In the tourism world, the visitor's dollar rolls over seven times in a community."