Drop Term used in dollar roll transactions. Signifies the variance in the selling price of an MBS (mortgage backed pass through) and the predetermined price that is required to be paid for its re-purchase at a future date. … [Read more...]
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Drop Term used in dollar roll transactions. Signifies the variance in the selling price of an MBS (mortgage backed pass through) and the predetermined price that is required to be paid for its re-purchase at a future date. … [Read more...]