ContractAbs Securities Trading Agreement • March 4th, 2016
traded on the NYSE. However, because the ABS Securities are similar to those repackaging transaction, except that the Trust will own more than one corporate debt obligation (in this case, also Treasury Securities or GSE Securities) and, in the single repackaging transactions, there is no need for an Interest Distribution Agreement because the timing of the payment of interest on the underlying debt obligation matches the obligation to distribute interest on the repackaged securities, there are several issues regarding the trading of this type of product that the Exchange must address.
