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Ali Corp has a deal with a dealer named Alna Capital in a swap contract for $ 1 0 0 million. The initiation date is
Ali Corp has a deal with a dealer named Alna Capital in a swap contract for $ million. The initiation date is January. In the contract, the swap calls for Alna Capital to make payment to Ali on a day SOFR on the th of April, July, October and January for one year. Payment is due at the end of the settlement period payment on April is determined on January The fixed interest rate payable to Alna Capital is per annum, based on the exact day count. Payments are to be netted to reduce the credit risk.
Secured Overnight Financing Rate SOFR on:
table Jan,
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