# Ovex Borrow Request #2

**URL:** <https://forum.truefi.io/t/ovex-borrow-request-2/670>\
**Category:** Borrower Requests\
**Created:** [July 13, 2021, 9:52am UTC](https://forum.truefi.io/t/ovex-borrow-request-2/670 "2021-07-13T09:52:21Z")\
**Posts on this page:** 1\
**Page:** 1

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**Author:** ![Ovex](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.truefi.io/ovex/32/135_2.png) [@Ovex](https://forum.truefi.io/u/Ovex)\
**Post date:** [July 13, 2021, 9:52am UTC](https://forum.truefi.io/t/ovex-borrow-request-2/670/1 "2021-07-13T09:52:21Z")

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Hi TrueFi Stakers

We have repaid our initial 1 million TUSD loan [here](https://forum.truefi.io/t/ovex-borrow-request/403/13) in good time.

We are looking for a second loan of 1.5 million TUSD for 30 days at 8.4% p/a.

The funds will be used for market making on the Ovex OTC desk. Trading strategies are risk-neutral, including pairs arbitrage between BTC/ZAR and USD/BTC, futures arbitrage and margin lending.

We are happy to field any questions here.