Examples of Discount Margin in a sentence
This model should allow the calculation of basic tranche-level outputs: the Weighted-Average Life (WAL), the Discount Margin, the accumulated principal losses and interest shortfall, and the loss on the collateral pool.
The Discount Margin of the Reference Credit Agreement shall not exceed 5 per cent, other than where all of the relevant Reference Obligations pertaining to such Reference Credit Agreements are DIP Collateral Obligations.
The Weighted Average Discount Margin of the Reference Portfolio as at such date shall not exceed 4 per cent.
Reopenings will be auctioned in the same manner, but with bidding on the basis of Discount Margin rather than Spread.
MAXIMUMNONCOMPETITIVEAWARD $5 million Appendix B—PRICING FORMULAS AND EXAMPLES The Discount Margin is the spread that would return a price of par if the existing floating rate security were being auctioned as a new issue.