Spread

Field 2.32 | 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 2.32 | Matching Date: n/a | Tolerance: Up to third digit after decimal. | Agent Lender Data Provision: No

Description:
The number of basis points to be added to or subtracted from the floating interest rate in order to determine the interest rate of the loan

Best Practice:
REPO/BSB/ML related only; therefore out-of-scope for securities lending. (SFTR-52)