InvestorWords.com

The price sensitivity of a mortgage-backed security to a change in the spread between the mortgage interest rate and the rate of Treasuries. A change in the option-adjusted spread of a mortgage-backed security does not affect the cash flows that the security will provide to the investor, so the mortgage spread duration outlines what impact cash flows will have at varying interest rates.

• Choosing an Online Forex Trading Platform
• Introduction to Credit and How to Take Control of It
• What are Stock Option Plans?
• The Economy and the Role of the Government
• Self-Employed Retirement Plans: Which Is Right for You?
• Exercising Options Involves Many Choices

Featured Advertiser