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Equilend Borrow Value on SpaceX’s 6.65% notes due 2056, the longest-dated of its June issue, has risen about 12% in a month to approximately $540 million, as the bonds slipped from about 97 cents to about 84 cents on the dollar since June.
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Equilend Utilization in Polestar (PSNY) approaches saturation, leaving short sellers paying a steep premium to stay in the trade.
Inside the Financing Markets: The Purple Issue 24
Inside the Financing Markets: The Purple Issue 24 explores the trends reshaping securities finance, from APAC's continued rise as the leading equity lending region to the growing diversity of the specials market and the industry's shift toward real-time market intelligence.

