weighted-average coupon rate

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Weighted-Average Coupon Rate

The interest rate the holder of a mortgage-backed security is paid. It is calculated by taking the gross of the interest rates owed on the mortgages underlying the security and weighting them according to the percentage of the security that each mortgage represents. For example, if a very simple MBS is backed by three mortgages, one representing the gross interest rate and the other two representing one-quarter each, one gives twice the weight to the first mortgage when calculating the weighted average coupon. It is important to note that the weighted average coupon rate may change over the life of the MBS because different mortgage holders pay down their mortgages at different rates, changing the weights. See also: Prepayment risk.

weighted-average coupon rate

A valuation of mortgage loans pooled into a mortgage pass-through security and calculated by multiplying the amount of the mortgage that is outstanding by the weighting of each mortgage loan in the pool.
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However, the weighted average coupon rate of the loans is 8.
The reserve account is funded to cover the negative spread between the assumed reinvestment rate on the pre-funding account and the weighted average coupon rate on the securities during the receivable funding period.
However, the current weighted average coupon rate, 9.
The weighted average coupon rate due to security holders is 5.
21% $600,000,000 The weighted average coupon rate due to security holders is 6.
0 percent for an overall weighted average coupon rate of 3.
In addition, the composition of the trust loan pool and the weighted average coupon rate of the bonds are not expected to change materially.
In addition, the composition of the loan pool held under the Indenture and the weighted average coupon rate of the securities are not expected to change materially.
In addition, the composition of the loan pool and the weighted average coupon rate of the notes are not expected to change materially.
The Certificates were issued for a ten-year term at fixed rates, with a duration-adjusted weighted average coupon rate of 4.
5%) are scheduled to mature and have a weighted average coupon rate of 4.
The Company anticipates gross proceeds from the sale of its certificates of approximately $488 million from the offering, with an initial fixed weighted average coupon rate of 4.

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