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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LIBOR: The Last 30 Days

The last 30 days of LIBOR! Tess Virmani shares how the LSTA is looking at it.