Q.2972 Assuming that a counterparty X sells a €250 million face amount of DBR 4’s of December 9^th, 2014, to a counterparty Y, for settlement on April 1^st, 2013, at an invoice price of €280.131 million. At the same time, counterparty X decides to rebuy the €250 million face amount five months later, for settlement on September 1^st 2013 at a purchase rate equivalent to the invoice price including interest at a repo rate of 0.31%. Compute the repurchase price.