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To: AK2004 who wrote (576656)5/19/2004 2:09:52 PM
From: DuckTapeSunroof  Read Replies (1) | Respond to of 769670
 
Re: very quickly what would be the duration of 30-year ARM that is reset continuosly and indexed by short term rates assuming no spread over treasury and no default risk?

>>> You mean what would be the maturity for the underlying instrument, or what is the national average maturity for similar instruments in a period of rising rates, or what would be the average maturity for a particular traunche that is carved out of a pool of similar ARMs when they are sold and repackaged?