Template:M summ GMRA 2(jj): Difference between revisions

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Created page with "This is the repo rate. You multiply the {{gmraprov|Purchase Price}} by this rate, apply the relevant day count fraction, and th..."
 
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[[Pricing Rate - GMRA Provision|This]] is the repo rate. You multiply the {{gmraprov|Purchase Price}} by this rate, apply the relevant [[day count|day count fraction]], and the result — the {{gmraprov|Price Differential}} — is the uplift that the {{gmraprov|Buyer}} expects over the life of the {{gmraprov|Transaction}}. This is made flesh in the {{gmraprov|Repurchase Price}}, which is the original {{gmraprov|Purchase Price}} ''plus'' the {{gmraprov|Price Differential}}.
[[Pricing Rate - GMRA Provision|This]] is the repo rate. You multiply the {{gmraprov|Purchase Price}} by this rate, apply the relevant [[day count fraction|day count]], and the result — the {{gmraprov|Price Differential}} — is the uplift that the {{gmraprov|Buyer}} expects over the life of the {{gmraprov|Transaction}}. This is made flesh in the {{gmraprov|Repurchase Price}}, which is the original {{gmraprov|Purchase Price}} ''plus'' the {{gmraprov|Price Differential}}.

Latest revision as of 10:56, 30 June 2020

This is the repo rate. You multiply the Purchase Price by this rate, apply the relevant day count, and the result — the Price Differential — is the uplift that the Buyer expects over the life of the Transaction. This is made flesh in the Repurchase Price, which is the original Purchase Price plus the Price Differential.