Benchmark Notes definition
Examples of Benchmark Notes in a sentence
Each Benchmark Notes new issue has a minimum size of $4 billion, 30-year new issues having a minimum size of$1 billion, with re-openings based on investor demand to further enhance liquidity.
Benchmark Notes/Bonds: Benchmark Notes and Bonds are a series of FNMA “bullet” maturities (non- callable) issued according to a pre-announced calendar.
Benchmark Notes/Bonds: Benchmark Notes and Bonds are a series of FNMA "bullet" maturities (non-callable) issued according to a pre-announced calendar.
Each Benchmark Notes new issue has a minimum size of $4 billion, 30-year new issues having a minimum size of $1 billion, with re-openings based on investor demand to further enhance liquidity.
The amount of non-callable issuance has allowed FNMA to build a yield curve in Benchmark Notes and Bonds in maturities r.inging from 2 to 30 years.
The amount of non-callable issuance has allowed FNMA to build a yield curve in Benchmark Notes and Bonds in maturities ranging from 2 to 30 years.