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Weighted average maturity

• The WAM of a MBS is the weighted average of the remaining terms to maturity of the mortgages underlying the collateral pool at the date of issue, using as the weighting factor the balance of each of the mortgages as of the issue date.

• Weighted Average Maturity is the mean measurement of the maturity of the underlying collateral weighted by each outstanding balance.

 
 

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 Embedded terms in definition
 Average maturity
Average
Collateral
Factor
Issue
Maturity
Mbs
Mean
Pool
Underlying
Wam
Weighted average
Weighting
 
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