General collateral

Repo rates.

GC is an abbreviation for General Collateral.

International Capital Market Association commentary:

'General collateral is a set of security issues which trade in the repo market at the same or a very similar repo rate, which is called the GC repo rate.

GC securities can therefore be substituted for one another without changing the repo rate much, if at all.'

See also

• Collateral
• GC repo
• International Capital Market Association
• Reference rate
• Repo
• Repo rate
• Security