6

Non-TBA MBS are OTC instruments that, in practice, can settle on any date two trading parties agree to. There are operational complexities introduced by accrued interest and underlying collateral payment schedules that make certain times of the month difficult for non-standard settlements, but again, like any OTC transaction, any settlement date is possible. ...


5

I believe the example is merely for illustrative purposes. You shouldn't be able to fully fund a position in real life. The funding of (repo) and the bond purchase need not be with the same counterparty, nor does it have to be simultaneous. In fact, the bond purchased need not be the same collateral that is part of the repo trade and often isn't. A repo ...


2

For ICE, all the settlement times are in one document, which is here: https://www.theice.com/publicdocs/futures/Designated_Settlement_Periods_Volume_Thresholds.pdf On your Bloomberg data, how do you know if you have closing or settlement prices? This is determined by the user's settings in GFUT --- you can choose either last trade or settlement to be ...


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