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Liquidity benefits of the TBA market

Daily newsbrief journal for January 2013, also see http://www.usdemocrats.com/brief for a global compendium library and follow twitter @usdemocrats
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Liquidity benefits of the TBA market

Postby admin » Sun Jan 20, 2013 3:24 pm

Liquidity benefits of the TBA market
from NY Fed | News
The presence of the "to-be-announced" (TBA) market provides greater liquidity to the agency mortgage-backed-securities market, according to a recent New York Fed study.
http://www.newyorkfed.org/newsevents/ne ... 30118.html
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