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LSTA recommends Good Friday loan market holiday

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Published on: 22 March 2024
Published by LNB News

LNB News 22/03/2024

Document Information

Issue Date: 22 March 2024

Published Date: 22 March 2024

Jurisdiction(s): World

Article summary

The Loan Syndications and Trading Association (LSTA) has recommended treating Friday 29 March 2024 as a loan market holiday for purposes of calculating delayed compensation under the LSTA standard forms of trade confirmation, in observance of Good Friday. However, LSTA acknowledges that the Federal Reserve Bank will remain open.

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Jurisdiction(s):
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