Margin

Defines the margin, also called haircut in repo and securities lending terminology, that will be applied to a transaction. It is essentially a premium, expressed in percentage, to compensate collateral quality (or lack thereof) and liquidity.

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Field	Type	Description	Print form title	FFSM title	Properties	Conditions
marginType	MarginTypeEnum	The type of margin being specified to apply to the transaction.	Margin type.		0-1, afr
marginFactor	xsd:decimal	The margin is expressed as a multiplication factor (default value is 1) to reflect the quality of the collateral. Also called margin ratio as per Section 2, paragraph (z) of the TBMA/ISMA Global Master Repurchase Agreement.	Margin ratio.		0-1, afr	In case of preparing the document for security basket repo transaction this element is included with the value equal to 1, and haircuts for individual security constituents of the basket are to be included in the SecurityHaircut type within CollateralValuationNsd structure.

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Margin

marginType(MarginTypeEnum)

	The type of margin being specified to apply to the transaction.
	Cash;Instrument;

marginFactor(decimal)

	In case of preparing the document for security basket repo transaction this element is included with the value equal to 1, and haircuts for individual security constituents of the basket are to be included in the SecurityHaircut type within CollateralValuationNsd structure.
	The margin is expressed as a multiplication factor (default value is 1) to reflect the quality of the collateral. Also called margin ratio as per Section 2, paragraph (z) of the TBMA/ISMA Global Master Repurchase Agreement.