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What guidelines does the Model Code provide concerning the practice in the interbank market of only one party to a transaction sending a written confirmation?
You request use of funds from your agent bank for 2 days on an amount of EUR 25,000,000.00. EONIA is 0.790% on the first day and 0.836% on the second day. The ECB deposit facility rate is 0.75% on both days. What use of funds settlement amount should you expect?