production rate

Production rate

Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

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.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
References in periodicals archive ?
El Molla added that he has formed a working team under his own supervision to work on a program to increase Egypt's petroleum production rate, by choosing a new geological method that was proven to be successful in the Western Desert and the Gulf of Suez.
"We are pleased to resume production at well 16aZ and look forward to establishing with due caution a stable production rate for our best performing well to date.
Summary: TEHRAN (FNA)- US aircraft manufacturer Boeing announced that it has taken on $1 billion in additional costs due to the grounding of its global 737 MAX fleet following two deadly crashes and the subsequent reduction in the plane's production rate, CFO Gregory Smith stated during the company's first-quarter earnings call on Wednesday.
Boeing has decided to temporarily move from a production rate of 52 737 airplanes per month to 42 airplanes per month starting in mid-April, the company's chief executive officer said in a statement.
The source added that Nooros is one of the largest Egyptian gas producing fields with an average production rate of 1.2bn cubic feet per day(cfpd).
KUWAIT, July 31 (KUNA) -- Kuwait Foreign Petroleum Exploration Company (KUFPEC) announced highest production rate record since its establishment in 1981, exceeding 100,000 barrels of oil equivalent a day (boed), as July's rate reached 119,000 boed.
has reported production rates for two completed SCOOP wells.<br />The Lilly 3-15X10H produced at an average 30-day production rate of 16.7 million cubic feet equivalent per day.
But Tesla recently proved its Model 3 production was gaining momentum when the automaker said it was producing Model 3 at a rate of&nbsp;( 2,000 units per week &nbsp;earlier this month.&nbsp;And now Bloomberg's&nbsp;( Model 3 Tracker &nbsp;suggests production has exploded to about 3,000 units per week, putting Tesla well on its way to achieving its revised target of a production rate of 5,000 Model 3 units per week in just a few months.
"We approached Maag to see if we could reach the required production rate while using the same motor," Al-Qahtani recalls.
With this acquisition, Krewe Energy has meaningfully increased its daily oil production rate and achieved a sizeable step forward towards its goal of doubling the company's production rate by midyear 2017.

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