Global Master Repurchase Agreement: Difference between revisions
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imported>Doug Williamson (New term added as per Michelle 21/5/13) |
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Revision as of 10:02, 26 May 2013
(GMRA).
A framework agreement between the two parties to a repurchase agreement (repo), containing standard terms to apply to all the repo trades they enter into.
The GMRA saves the need to agree these terms and provisions every time a trade is transacted.
