Global Master Repurchase Agreement: Difference between revisions
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Latest revision as of 12:15, 22 February 2018
(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.
The GMRA is published by the International Capital Markets Association (ICMA).
See also