EFTA Document EFTA01393140

be based on a corrected value. Ordinarily, however. the value as initially reported by the official source will be conclusive for exercise settlement purposes. 7. A holder of a yield-based option who exercises it before the exercise settlement value of the underlying yield is available runs the risk that the level of the underlying yield may subsequently change. If such a change causes the exercised option to tall out of the money, the exercising holder will be required to pay the di