Valuation Methodology. The underlying securities are valued by the Trustee on a daily basis using a methodology recognized by the FSC, one such being the Bloomberg Valuation Service (BVAL) methodology. Using the methodology, the Trustee will assign a market price to each underlying security. BVAL is the evaluated pricing service from Bloomberg, a leader in quality data and analytics. Prices are assigned on the bid side, which represents the price at which a market participant is willing to buy a security. These prices are independent, sourced from market data contributed by market participants. In the event that very significant price changes take place within a given day, the Trustee may limit the size of market changes to better reflect the prices that obtain based on an orderly market.
Appears in 4 contracts
Samples: Master Retail Repurchase Agreement, Master Retail Repurchase Agreement, Master Retail Repurchase Agreement
