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Financial Definitions, Terms &
Glossary
A-to-Z Listing
Browse Financial Terms by Letter
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Tail Definition
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(1) The difference between the average price in Treasury auctions and the stopout price. (2) A future money market instrument (one available some period hence) created by buying an existing instrument and financing the initial portion of its life with a term repo. (3) The extreme ends under a probability curve. (4) The odd amount in an MBS pool.
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