Reply To: What is Pass Thru/Triple Play?

#8905
Phil Walsh
Keymaster

Pass-Through deals, also known as Triple Play, Back-to-Back, or Sleeve deals, are deals with an external party that are immediately offset and passed through to another internal book. The Pass-Through functionality generates three deals:
> External party with the internal portfolio
> Internal portfolio with offset portfolio
> Offset portfolio with internal portfolio

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