Verkaufsasistent

Channeling-Literatur

As has already been said, the most common form of money buyback contracts is called the tripartite retirement market, which recently stood at about $1.7T1. These agreements use a third party – a deposit bank or clearing organization known as collateral agent – as an intermediary between the counterparties of a deal. The role of the hedging agent is essential: it acts on behalf of both the borrower and the lender, in order to minimize the operating expense and to obtain and deliver securities and liquidity to counterparties. The guarantee agent is also used to protect investors in the event of a trader`s bankruptcy, ensuring that securities held as collateral are separated from the trader`s assets. As a result, pension and pension agreements are called secured loans, because a group of securities – usually U.S. government bonds – insures the short-term credit contract (as collateral). Thus, in financial statements and balance sheets, repurchase agreements are generally recorded as credits in the debt or deficit column. Pension credit risk is subject to many factors: the renuties period, the liquidity of the security, the strength of the counterparties involved, etc. The reassurable operations are carried out in three forms: declared delivery, tri-party and kept in detention (the “seller” part maintains the guarantee during the life of the pension). The third form (Hold-in-custody) is quite rare, especially in development-oriented markets, due in part to the risk that the seller may intervene before the transaction is completed and that the buyer will not be able to recover the guarantees issued as collateral for the transaction.

The first form – the indicated delivery – requires the delivery of a predetermined loan at the beginning and maturity of the contract. Tri-Party is essentially a form of trading basket and allows a wider range of instruments in the basket or pool. In the case of a tripartite repurchase transaction, a third-party agent or bank is placed between the “seller” and the buyer. The third party retains control of the securities that are the subject of the agreement and processes payments made by the “seller” to the buyer. Once the actual interest rate is calculated, a comparison between the interest rate and other types of financing will show whether the pension contract is a good deal or not. In general, pension transactions offer better terms than money market cash loan agreements as a secure form of lending. From the perspective of a reverse pension member, the agreement can also generate additional revenue from excess cash reserves. 2) Cash that must be paid when the guarantee is repurchased The main difference between a maturity and an open repot is the time between the sale and repurchase of the securities. In the case of a renu pelt transaction, a fixed-rate guarantee is sold with the obligation to buy it back in exchange for cash.

At the end of the maturity, the buyer returns the guarantee and the seller returns the cash payment plus an additional interest payment. If interest rates are positive, the pf redemption price should be higher than the original PN selling price. The cash paid on the initial sale of securities and the money paid at the time of the repurchase depend on the value and type of security associated with the pension.

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