Agency Guarantee Propagation
A payoff extinguishes positions without destroying value: opening + P&L = redemption cash; fee streams terminate; guarantee capital is RELEASED — each consequence carries its correct accounting meaning.
- Execution:
freeze-422ea36a-run06at422ea36a4729(clean tree) - Route:
http://127.0.0.1:9008/api/v1/firing/fire-event· us_housing_v9 · engine10 + engine10_adapters.payoff_accounting - Receipt:
EXECUTION_RECEIPT.json· reconciliation alongside - Presentation only: reorganizes authoritative result fields; computes nothing.