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How do scheduled payments on collateral purchased above par affect the calculation of whether interest carry will be diverted?

April 26, 2017affect calculation carry collateral diverted par PAYMENTS scheduled

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How do scheduled payments on collateral purchased above par affect the calculation of whether interest carry will be diverted?

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The calculation of the amount of interest carry that is diverted is independent of any scheduled payments on collateral purchased above par, as further explained in the MLSA.