How may I receive updates regarding changes to TALF documents?
Sign up for email alerts. ___________________________ 1The amount of prepayment in dollars is determined by the following formula: Par*(1-h)*(min(Price,1.10*Par)/Par-1)/(b*WAL) Par is the par value of the bond. h is the haircut from the above table corresponding to the average life and asset class of the bond. Price is the price of the bond. WAL is the weighted average life of the bond measured in years and calculated at the prepayment assumption used to compute average life above. b is equal to 12, 4, or 2 for securities with a remittance frequency of monthly, quarterly, or semi-annually, respectively. 2Effective in the June 2009 non-CMBS TALF subscription.
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- How may I receive updates regarding changes to TALF documents?
