Does sombody know exactly if a TRS is always breakable ? Or if breaking the TRS position is an option in the term-sheet. I need an accurate response.
Thank you !
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Sign up to join this communityDoes sombody know exactly if a TRS is always breakable ? Or if breaking the TRS position is an option in the term-sheet. I need an accurate response.
Thank you !
TRS are OTC. You can set any terms that both parties accept. That includes rate, tenor, break rights. Etc etc etc