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Redemtion and Maturity

Redemtion and Maturity

Securities finance transaction redemption & maturity should only be closed in the Operations system once the cash is received from the counterparty. Until proceed have been received, the original transactions should remain open and included in exposure calculations. Once the cash is received by the beneficial counterparty, original transactions can be closed and removed from exposure calculations. (IBP-188 AGREED IN 2017)


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