lsta-market-advisory-final-swoa-trades-that-flip-to-flat_september-28-2010-preview

This Advisory addresses how certain Interest and Accruing Fees should be treated for trades that were entered into on a “Settled Without Accrued Interest” basis and have settled on the LSTA’s Purchase and Sale Agreement for Distressed Trades where the credit has “defaulted”.

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Market-Advisory-Final-SWOA-Sept-28-2010.pdf

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