| Overnight | Indicates that a contract is classified as overnight, meaning that there is one business
day difference between the start and end date of the contract. Business rule: When
the repo is overnight, the number of business days between the spot and forward value
dates must be one. Forward leg must be specified.
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| Term | Indicates that a contract is a regular term contract, with a start date and an end
date. Business rule: When the repo is 'Term', both spot and forward legs must be specified.
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| Open | Indicates that a contract is open ended; this means that the end date is unspecified,
and will be agreed by the two parties at a later date. Business rule: When the repo
is Open, the forward transaction leg must not be present.
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