Company: MFAN
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001055160-25-000013
Chunk: 274

Company: MFA FINANCIAL, INC.
Filing Date: 2025-08-06
Form: 10-Q
Item: Part I, Item 8
Chunk 274
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Notional Amount (2)Weighted Average Fixed-Pay Interest RateWeighted Average Variable Interest Rate (3)Notional Amount (2)Weighted Average Fixed-Pay Interest Rate Weighted Average Variable Interest Rate (3)(Dollars in Thousands)      Within 30 days$— — %— %$450,000 1.16 %4.49 %Over 30 days to 3 months— — — 100,000 1.65 4.49 Over 3 months to 6 months— — — 125,000 2.69 4.49 Over 6 months to 12 months— — — — — — Over 12 months to 24 months1,531,000 1.68 4.45 450,000 1.12 4.49 Over 24 months to 36 months454,000 3.51 4.45 1,045,000 1.84 4.49 Over 36 months to 48 months310,000 2.95 4.45 24,600 4.28 4.49 Over 48 months to 60 months508,500 3.47 4.45 574,000 3.28 4.49 Over 60 months to 72 months— — — — — — Over 72 months686,000 3.36 4.45 545,150 3.42 4.49 Total Swaps$3,489,500 2.62 %4.45 %$3,313,750 2.20 %4.49 %(1)Each maturity category reflects contractual amortization and/or maturity of notional amounts.  (2)As of June 30, 2025, the aggregate notional amounts of Swaps include $3.2 billion of interest rate swap agreements and $0.3 billion of ERIS swap futures.  As of December 31, 2024, all aggregate notional amounts of Swaps were from interest rate swap agreements.(3)Reflects the benchmark variable rate due from the counterparty at the date presented.  This rate adjusts daily based on SOFR. Impact of Derivative Instruments on EarningsThe following table present the components of Net gain/(loss