PASS-THROUGH COUPON RATE


Meaning of PASS-THROUGH COUPON RATE in English

The interest rate paid on a securitized pool of assets , which is less than the rate paid on the underlying loans by an amount equal to the servicing and guaranteeing fees.

Campbell R. Harvey. Hypertextual finance English glossary.      Английский словарь гипертекстовых финансов.