Bank float and Global Master Repurchase Agreement: Difference between pages
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(GMRA). | |||
A framework agreement between the two parties to a repurchase agreement (repo), containing standard contractual provisions to apply to all the repo trades they enter into. | |||
The GMRA saves the need to agree these contractual provisions every time a trade is transacted. | |||
== See also == | == See also == | ||
* [[ | * [[Repurchase agreement]] | ||
== References == | |||
1. http://tiny.cc/fqqhow | |||
2. http://www.icmagroup.org/Regulatory-Policy-and-Market-Practice/short-term-markets/Repo-Markets/frequently-asked-questions-on-repo/19-what-is-the-gmra/ | |||
Revision as of 15:39, 6 May 2016
(GMRA).
A framework agreement between the two parties to a repurchase agreement (repo), containing standard contractual provisions to apply to all the repo trades they enter into.
The GMRA saves the need to agree these contractual provisions every time a trade is transacted.
