Adjusted Treasury Yield definition
Adjusted Treasury Yield means the Treasury Yield plus, in the case of a distribution to holders of Class G Certificates, 225 basis points and, in the case of a distribution to holders of Class C Certificates, 250 basis points.
Adjusted Treasury Yield means, with respect to any redemption date, the rate per annum equal to the semiannual equivalent yield to maturity of the comparable treasury issue, assuming a price for the comparable treasury issue (expressed as a percentage of its principal amount) equal to the comparable treasury price for such redemption date plus
Adjusted Treasury Yield means, with respect to the Remaining Scheduled Payments of any Note, the sum of (x) 0.50% (50 basis points) plus (y) the yield to maturity implied by the U.S. Treasury constant maturity yields reported, for the latest day for which such yields have been so reported on or prior to the second Business Day preceding the Settlement Date with respect to each such Remaining Scheduled Payment, in Federal Reserve Statistical Release H.15 (or any comparable successor publication) for the U.S. Treasury constant maturity having a term equal to the applicable Remaining Scheduled Payment Life as of such Settlement Date. If there is no such U.S. Treasury constant maturity having a term equal to any such Remaining Scheduled Payment Life, such implied yield to maturity will be determined by interpolating linearly between (1) the U.S. Treasury constant maturity so reported with the term closest to and greater than such Remaining Scheduled Payment Life and (2) the U.S. Treasury constant maturity so reported with the term closest to and less than such Remaining Scheduled Payment Life. The Adjusted Treasury Yield shall be rounded to two decimal places.
Examples of Adjusted Treasury Yield in a sentence
Such present values shall be determined by discounting the remaining principal, premium, if any, and interest payments to the Redemption Date on a semiannual basis (assuming a 360-day year consisting of twelve 30-day months), using the Adjusted Treasury Yield.
More Definitions of Adjusted Treasury Yield
Adjusted Treasury Yield means, with respect to any Redemption Date, the rate per annum equal to the semiannual equivalent yield to maturity of the Comparable Treasury Issue, assuming a price for the Comparable Treasury Issue (expressed as a percentage of its principal amount) equal to the Comparable Treasury Price for such Redemption Date plus:
Adjusted Treasury Yield means, as of any date of determination, the sum of the Treasury Yield plus 42 basis points.
Adjusted Treasury Yield means the Treasury Yield plus, in the case of a distribution to holders of Class A Certificates, 86 basis points, in the case of a distribution to holders of Class B Certificates, 86 basis points and, in the case of a distribution to holders of Class C Certificates, 79 basis points.
Adjusted Treasury Yield means the Treasury Yield plus 325 basis points.
Adjusted Treasury Yield. With respect to any Class of Registered Certificates, for purposes of allocating Prepayment Premiums between the Holders of such Class and the Class IO Certificates, an annual rate equal to the monthly equivalent yield of the sum of (a) the annual rate on the U.S. Treasury issue (primary issue) with a maturity date closest to the earlier of (i) the Stated Maturity Date of the related prepaid Mortgage Loan and (ii) the Assumed Final Distribution Date for such Class of Registered Certificates, plus (b) .50%.
Adjusted Treasury Yield means, with respect to the Called Principal of any Note, the sum of (x) 1.50% (150 basis points) in the event of a Change of Control pursuant to Section 8.1 or 0.50% (50 basis points) for all other purposes plus (y) the yield to maturity implied by the U.S. Treasury constant maturity yields reported, for the latest day for which such yields have been so reported on or prior to the second Business Day preceding the Settlement Date with respect to such Called Principal, in Federal Reserve Statistical Release H.15 (or any comparable successor publication) for the U.S. Treasury constant maturity having a term equal to the Remaining Average Life of such Called Principal as of such Settlement Date. If there is no such U.S. Treasury constant maturity having a term equal to such Remaining Average Life, such implied yield to maturity will be determined by interpolating linearly between (1) the U.S. Treasury constant maturity so reported with the term closest to and greater than such Remaining Average Life and (2) the U.S. Treasury constant maturity so reported with the term closest to and less than such Remaining Average Life. The Adjusted Treasury Yield shall be rounded to two decimal places.
Adjusted Treasury Yield means, with respect to the Called Principal of any Note, the sum of (x) 0.50% (50 basis points) plus (y) the yield to maturity implied by the U.S. Treasury constant maturity yields reported, for the latest day for which such yields have been so reported on or prior to the second Business Day preceding the Settlement Date with respect to such Called Principal, in Federal Reserve Statistical Release H.15 (or any comparable successor publication) for the U.S. Treasury constant maturity having a term equal to the Remaining Life of such Called Principal as of such Settlement Date. If there is no such U.S. Treasury constant maturity having a term equal to such Remaining Life, such implied yield to maturity will be determined by interpolating linearly between (1) the U.S. Treasury constant maturity so reported with the term closest to and greater than such Remaining Life and (2) the U.S. Treasury constant maturity so reported with the term closest to and less than such Remaining Life. The Adjusted Treasury Yield shall be rounded to two decimal places.