The financial definition for Pass through coupon rate:
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.
Similar Matches
Bidding through the market
Bidding through the market In the context of general equities, aggressive willingness to purchase a security at a premium to the inside market. Contrast with bidding buyer.
Conventional pass throughs
Conventional pass throughs Also called private-label pass-throughs, any mortgage pass-through security not guaranteed by government agencies. Compare agency pass-throughs.
Flow through basis
Flow through basis An account for an investment credit to show all income statement benefits of the credit in the year of acquisition, rather than spreading them over the life of the asset.