Tri-party repurchase agreement

(Tri-party repo).

A repurchase agreement with a tri-party agent (TPA) acting as an intermediary between the two parties to the repo.

The TPA is responsible for the administration of the transaction including collateral allocation, mark to market valuation, and any substitution of collateral.

See also

• Bilateral repurchase agreement
• Collateral
• CMSA
• Global Master Repurchase Agreement (GMRA)
• Haircut
• Repurchase agreement
• Reverse repurchase agreement
• Security

Other resource

ACT briefing note