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TBA (to be announced) - Meaning

A contract for the purchase or sale of a MBS to be delivered at an agreed-upon future date but does not include a specified pool number and number of pools or precise amount to be delivered.

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TBA (to be announced)
Economic union
Inverse floater
Asset-based financing
Evergreen credit
Annual report
Liquidity premium
Margin requirement (Options)
Nonrefundable
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