A bank buys a bond on its coupon payment date. Three months later, in order to generate immediate liquidity, the bank decides to repo the bond. Details of the bond and repo transaction are as follows:

Notional value (USD)	100,000
Coupon (semi-annual)	6%
Current bond price	97
Repo haircut	10%
Repo interest rate	4%

If the repo contract expires 6 months from now, what is the bank's expected cash outflow at the end of the repo transaction?