Specifies the permitted minimum or maximum quantity of securities that can be delivered to satisfy a T.B.A. trade . For Ginnie Mae , Fannie Mae , and Freddie Mac pass-through securities , the accepted variance is plus or minus 2.499999 percent per million of the par value of the T.B.A. quantity.
VARIANCE RULE
Meaning of VARIANCE RULE in English
Campbell R. Harvey. Hypertextual finance English glossary. Английский словарь гипертекстовых финансов. 2012