Weighted average Coupon


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Weighted average Coupon

The weighted average of the gross interest rates of mortgages underlying a pool as of the pool issue date; the balance of each mortgage is used as the weighting factor.
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The Class A Notes have a coupon of 3.20%, the Class B Notes have a coupon of 3.42%, the Class C Notes have a coupon of 3.77%, and the Class D Notes have a coupon of 4.75% for an overall weighted average coupon of 3.57%.
Further, the class A, B, C and D notes have a coupon of 3.20%, 3.42%, 3.77% and 4.75% for an overall weighted average coupon of 3.57%, respectively.
GLM US CLO 4 issued USD 516 million of AAA-rated senior notes with a weighted average coupon of L+1.33%, along with lower rated senior, mezzanine and junior notes, for an overall weighted average coupon of L+1.90%.
Low Mortgage Coupons: The pool's weighted average coupon is below historical averages at 3.81%.
The portfolio has a weighted average coupon of 9.7 percent and a weighted average remaining term of 5.1 years.
* The weighted average coupon (WAC), weighted average debt service coverage ratio (WA DSC) and weighted average LTV (WA LTV) comparison charts (Figures 2, 3 and 4) were based upon actual proceeds.
The green bonds, with a weighted average coupon of 3.74 percent between the three-year and 10-year maturities, will ensure the company's renewable energy projects continue to be financed on attractive terms to serve Carolinas customers.
The collateral quality tests, with the exception of the minimum weighted average spread test and the minimum weighted average coupon test, are passing.
Combined, the new issues of senior notes have a weighted average term of 14.5 years and a weighted average coupon rate of 3.28%.
The portfolio was made up of first lien, sub-prime, low-LTV residential mortgage loans with a weighted average coupon in excess of 8%.
The score would differentiate the prepayment propensities of two borrowers with similar loan types, similar weighted average coupon (WAG) and weighted average maturity (WAM).
In total, these notes have a blended initial weighted average coupon of LIBOR plus 1.70%, representing a 15 basis point decrease in the cost of funds or about USD0.02 per share of additional annual earnings for it.

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