TO BE ANNOUNCED - TBA
- Forward mortgage-backed securities, which is passed through securities issued by Fannie Mae, Freddie Mac, and Ginnie Mae in the TBA market. The actual mortgage-backed security that will be delivered to fulfill a TBA trade is not assigned at the time of the trade. Securities are to be announced 48 hours before the decided trade settlement date.
- Abbreviation of to be announced used for a detail that is uncertain but will be given in the future.
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