PFhub – Business, Financial & Economic News

Variance Rule

FacebookTwitterRedditLinkedInShare
Variance Rule
In a to-be-announced trade, rule that defines the maximum or minimum amounts of securities to be delivered. The allowed variance for Ginnie Mae, Freddie Mac and Fannie Mae pass through securities is minus or plus 2.4­99 percent for each million of the TBA quantity’s par value.

Random Finance Terms for the Letter V

FacebookTwitterRedditLinkedInShare
Exit mobile version