The Option twisty is opened by default. It displays:
Option summary fields,
A Position twisty (expanded by default), and
A Payment twisty (expanded by default).
In the case of partial calls, a Payment Activity twisty is displayed as well.
The information displayed in the Option area varies by lottery event type.
Field Name |
Definition |
For These Events |
Position |
The eligible position for this option. |
Partial Defeasance Partial Pre-Refunding Partial Call |
DTC Security Rate |
For partial defeasances or partial pre-refundings, this is the rate at which the redemption will take place (as determined by the lottery). |
Partial Defeasance Partial Pre-Refunding |
Principal Rate |
The cash rate that reflects the amount of principal being paid. |
Partial Call |
Defeased Amount |
The affected amount, or the portion of the eligible position that is called by the lottery for defeasement. |
Partial Defeasance |
Refunded Amount |
The affected amount, or the portion of the eligible position that is called by the lottery to be refunded. |
Partial Pre-Refunding |
Interest Rate |
The cash rate that reflects the payment of interest. |
Partial Call |
Non-Defeased Amount |
The unaffected amount, or the portion of the eligible position that is not called by the lottery for defeasement. |
Partial Defeasance |
Non-Refunded Amount |
The unaffected amount, or the portion of the eligible position that is not called by the lottery to be refunded. |
Partial Pre-Refunding |
Total Cash Due |
The amount that you can expect to see in cash as a result of this event |
Partial Call |
Allocated Amount |
The amount of the primary allocation. It is only shown if the allocation has already occurred. |
Partial Call |