General collateral: Difference between revisions
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Latest revision as of 13:04, 24 March 2019
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.'