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What Does the Model Code Say Concerning Repos and Stock-Lending

Question 219

Multiple Choice

What does the Model Code say concerning repos and stock-lending?


A) Legal documentation must be put in place as soon as possible after transaction.
B) All market participants should use the Modified Previous Business Day Convention.
C) The exact maturity (end) dates for transactions must be agreed as soon as possible after a transaction.
D) All market participants should use the Modified Following Business Day Convention.

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