you borrow a bono nominal euro 50 million in a securities borrowing deal from 16 jun 600423

You borrow a Bono (nominal €50 million) in a securities borrowing deal from 16 June 2009 to 23 June 2009. You provide an OLO as collateral. There is a 1% haircut. The lending fee is 35 basis points.

Bono lent:

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you borrow a bono nominal euro 50 million in a securities borrowing deal from 16 jun 600423
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OLO collateral:

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  1. What is the minimum face value of collateral required?

b. What is the amount of the lending fee?

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