[This message was posted by Robert Gonzalez of BlackRock <[email protected]> to the "Fixed Income" discussion forum at http://fixprotocol.org/discuss/6. You can reply to it on-line at http://fixprotocol.org/discuss/read/fa4638c9 - PLEASE DO NOT REPLY BY MAIL.]
> Hi! I'm wondering to know what FIX fields are appropriate for the > following repo terms: > 1. REPO value - it's cash amount which buyer pays for seller in first > part of REPO but not market value of securities which are collateral. > That's means that value of collateral as ussual should be more than > value of loan. Can I use StartCash (921) field for this purpose? > 2. Reverse REPO value - it's cash amount which initial seller should > return to initial buyer in second part of REPO. Can I use EndCash > (922) for this purpose? > 3. Refund rate - fixed rate of refunding in case when second part of > REPO isn't executed. > 4. Repo value after margin call was complied. > 5. Current haircut (discount) which is recalculated after margin call > was complied. > > Please help me, ASAP. Any information will be appreciated. I haven't worked on Repos over FIX for quite some time but I can definately tell you that StartCash and EndCash (921,922) are the tags to use in a Repo Transaction for the initial payment and the closing payment [You can unsubscribe from this discussion group by sending a message to mailto:[email protected]] --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "Financial Information eXchange" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/fix-protocol?hl=en -~----------~----~----~----~------~----~------~--~---
