What is the meaning of To Be Announced?

Subtopics: TBA 

To Be Announced is the generic forward market for mortgage backed securities. A coupon, par quantity, agency, maturity and coupon characteristics are indicated but the exact details, such as specific pools, are to be formalized at a later time. This subsequent specification is to be done within the rules governing deliveries.

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APABarry Goldsmith. (2010). to be announced. Retrieved September 23, 2026, from http://smartdefine.org/to_be_announced/definitions/1165290
ChicagoBarry Goldsmith. 2010. "to be announced" http://smartdefine.org/to_be_announced/definitions/1165290 (accessed September 23, 2026).
HarvardBarry Goldsmith 2010, to be announced, Smart Define, viewed 23 September, 2026, <http://smartdefine.org/to_be_announced/definitions/1165290>.
MLABarry Goldsmith. "to be announced" 21 October 2010. Web. 23 September 2026. <http://smartdefine.org/to_be_announced/definitions/1165290>