Originally Posted by
Omar 111
If you look at 23W5b, the exception says any trip that touches the contractual holiday period must have greater reserves required than available on every day in the holiday period, or the swap won't go through. This is probably what happened.
Omar
The 5 days in question are/were Dec 13-17. Not sure that's part of a holiday period but, yeah, maybe that was the reason. Same days/footprint though...PCS silliness in my mind.