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Q36 Single choice

If you execute a sale of bonds, and the securities have not been delivered 2 days after you have received

payment on the agreed settlement date, which of the following is correct:

A
you will have to pay at least 2 days of funding costs on top of the coupon
B
the counterparty will have to pay at least 2 days of interest charges on top of the coupon
C
you have no debt to the counterparty
D
the counterparty has a debt to you

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