Defines the latest date when the open repo transaction can and must be exercised on demand by a party to the trade indicated in the electingParty element (or in the Master Agreement, if the electingParty element has AsDefinedInMasterAgreement value). For instance, in an open repo transaction with callDate agreed as business day one year after the trade date, the far leg can be settled on any day after the near leg settlement date and before and including the callDate. If the call date is not defined in trade terms and / or not included into the trade confirmation this element can be omitted.