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

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Used to calculate the {{gmraprov|Repurchase Price}}, so not to be sniffed at, however convoluted the drafting. The {{gmraprov|Pricing 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}}.
[[2(ii) - GMRA Provision|Used]] to calculate the {{gmraprov|Repurchase Price}}, so not to be sniffed at, however convoluted the drafting. The {{gmraprov|Pricing 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}}.