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

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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