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7. Consider a T-note currently trading at a price of $9,800. • You are entering into a 14-day repo to repo out the above

Posted: Fri Mar 04, 2022 9:41 am
by answerhappygod
7. Consider a T-note currently trading at a price of $9,800. •
You are entering into a 14-day repo to repo out the above T-note.
Assume a haircut of 3% and the 14-day repo rate is 4% p.a. How much
will you pay or receive at the end of the 14-day period?
• Describe a scenario where the above 14-day repo rate can be
significantly negative.