Template:M summ GMRA 2(ii): Difference between revisions
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[[2(ii) - GMRA Provision|Used]] to calculate the {{gmraprov|Repurchase Price}}, so not to be sniffed at, however convoluted the drafting. The {{gmraprov| | [[2(ii) - GMRA Provision|Used]] to calculate the {{gmraprov|Repurchase Price}}, so not to be sniffed at, however convoluted the drafting. The {{gmraprov|Price Differential}} applies the {{gmraprov|Pricing Rate}} to the {{gmraprov|Purchase Price}} and applies the [[day count fraction]] to generate a time value for your {{gmraprov|Transaction}}. | ||
Latest revision as of 09:55, 30 June 2020
Used to calculate the Repurchase Price, so not to be sniffed at, however convoluted the drafting. The Price Differential applies the Pricing Rate to the Purchase Price and applies the day count fraction to generate a time value for your Transaction.