Company: NLY-PF
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0001043219-25-000012
Chunk: 73

Company: ANNALY CAPITAL MANAGEMENT INC
Filing Date: 2025-10-30
Form: 10-Q
Item: Part I, Item 2
Chunk 73
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-governmental organization tasked with regulating all business dealings conducted between dealers, brokers and all public investors.Fixed-Rate MortgageA mortgage featuring level monthly payments, determined at the outset, which remain constant over the life of the mortgage.Fixed Income Clearing Corporation (“FICC”)The FICC is an agency that deals with the confirmation, settlement and delivery of fixed-income assets in the U.S. The agency ensures the systematic and efficient settlement of  U.S. Government securities and mortgage-backed security transactions in the market.Floating Rate BondA bond for which the interest rate is adjusted periodically according to a predetermined formula, usually linked to an index.Floating Rate CMOA CMO tranche which pays an adjustable rate of interest tied to a representative interest rate index such as the SOFR, the Constant Maturity Treasury or the Cost of Funds Index.Freddie MacFederal Home Loan Mortgage Corporation.Futures ContractA legally binding agreement to buy or sell a commodity or financial instrument in a designated future month at a price agreed upon at the initiation of the contract by the buyer and seller. Futures contracts are standardized according to the quality, quantity, and delivery time and location for each commodity. A futures contract differs from an option in that an option gives one of the counterparties a right and the other an obligation to buy or sell, while a futures contract represents an obligation of both counterparties, one to deliver and the other to accept delivery. A futures contract is part of a class of financial instruments called derivatives.GGAAPU.S. generally accepted accounting principles.Ginnie MaeGovernment National Mortgage Association.HHedgeAn investment made with the intention of minimizing the impact of adverse movements in interest rates or securities prices.IInitial MarginCash or securities provided by a party to collateralize its obligations under a transaction that is not based on changes in the value of such transaction since the trade was executed.In-the-MoneyDescription for an option that has intrinsic value and can be sold or exercised for a profit; a call option is in-the-money when the strike price (execution price) is below the market price of the underlying security.Interest Bearing LiabilitiesRefers to repurchase agreements, debt issued by securitization vehicles, U.S. Treasury securities sold, not yet purchased and credit facilities. Average interest bearing liabilities is based on daily balances.Interest Earning AssetsRefers to Residential Securities, U.S. Treasury securities, reverse repurchase agreements, commercial real estate debt and residential mortgage loans. Average interest earning assets is based on daily balances.Interest-Only (IO) BondThe interest portion of