Fixed Rate

Field 2.23 | Matching Date: n/a | Tolerance: Up to third digit after decimal. | Agent Lender Data Provision: No>

Status: Best Practice Finalised, Last Updated: 26/04/2021

Field 2.23 | Matching Date: n/a | Tolerance: Up to third digit after decimal. | Agent Lender Data Provision: No

Description:
In the case of repos, the annualized interest rate on the principal amount of the repurchase transaction in accordance with the day count conventions. In the case of margin lending, the annualized interest rate on the loan value that the borrower pays to the lender.

Best Practice:
REPO/BSB/ML related only; therefore out-of-scope for securities lending. (SFTR-43)