After I have bought back the securities, do I have to return the securities?

A buy-back of securities does not automatically translate into a return of the borrowed securities. To return the borrowed securities, you must either return them via POEMS 2.0 (Acct Mgmt > SBL > Script Returning) or inform your TR of your request to return. Interest charges will be computed as follows:
  • If securities are returned on purchase due date or earlier, interest will cease to accrue on the purchase due date
  • If securities are returned after due date of purchase, interest will cease to accrue one day after the return is done

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