Subject: “Sell Back Differential” fin. Пожалуйста, помогите перевести “Sell Back Differential”, with respect to any Buy/Sell Back Transaction as of any date, the aggregate amount obtained by daily application of the Pricing Rate for such Buy/Sell Back Transaction (on a 360 day basis or 365 day basis in accordance with the applicable ISMA convention, unless otherwise agreed between the parties for the Transaction) to the sum of (a) the Purchase Price and (b) Accrued Interest paid on the Purchase Date for such Transaction for the actual number of days during the period commencing on (and including) the Purchase Date for such Buy/Sell Back Transaction and ending on (but excluding) the date of calculation.
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Sell back differential (As defined in the GMRA) the accrued interest on the cash loan at any time during a buy / sell-back (equivalent to price differential in a classic repo). http://www.markets-international.com/glossary/glossary5.html |
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