Cut off yield definition

Cut off yield means the final yield so determined in an issue. In other words, it is the highest yield at which a bid is accepted.
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Related to Cut off yield

  • Cut-off Date With respect to each Original Mortgage Loan, December 1, 1998. With respect to all Qualified Substitute Mortgage Loans, their respective dates of substitution. References herein to the "Cut-off Date," when used with respect to more than one Mortgage Loan, shall be to the respective Cut-off Dates for such Mortgage Loans.

  • Cut-off Date Balance With respect to any Mortgage Loan or Serviced Companion Loan, the outstanding principal balance of such Mortgage Loan or Serviced Companion Loan, as applicable, as of the Cut-Off Date, after application of all payments of principal due on or before such date, whether or not received.

  • Cut-Off Date: February 1, 2006. Final Structure Due Date: February 7, 2006. Delivery of Final Prospectus (if the final structure is not delivered to the Depositor by the Final Structure Due Date): Final Structure Delivered to the Depositor Delivery of Final Prospectus to Underwriter ------------------------------------------ ------------------------------------------- By February 13, 2006: - One Business Day before Closing Date. By February 16, 2006: - Closing Date. February 17, 2006 or later: - As determined by the Depositor; possible change of Closing Date.

  • Cut-off Date Pool Balance The aggregate Cut-off Date Principal Balance of all the Original Mortgage Loans.

  • Reference Cut-Off Date means the eighth Scheduled Trading Day immediately following the Scheduled Reference Date or, if earlier, the Scheduled Trading Day falling on or immediately preceding the second Business Day immediately preceding the due date on which payment of any amount or delivery of any assets may have to be made pursuant to any calculation or determination made on such Reference Date, provided that the Reference Cut-Off Date shall not fall prior to the original date on which such Reference Date was scheduled to fall.