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Cash-Based Repo

A repo agreement in which the lender of cash accepts any securities that are not special in the market and...

Cash-Driven Repo

A repo agreement in which the lender of cash accepts any securities that are not special in the market and...

Specific Collateral

A specifically determined and specified collateral in a repo transaction. In this transaction, the underlying security/ issue is well specified....

Special Collateral

A specifically determined and specified collateral in a repo transaction. In this transaction, the underlying security/ issue is well specified....

SC

It stands for special collateral; a specifically determined and specified collateral in a repo transaction. In this transaction, the underlying...

General Collateral Repo

A repo agreement in which the lender of cash accepts any securities that are not special in the market and...

General Collateral

Broadly, it is a category of collateralized securities (known as eligible collateral) with identical credit quality, and as a result...

GC

It stands for general collateral; broadly, it is a category of collateralized securities (known as eligible collateral) with identical credit...

GC Repo

An abbreviation for general collateral repo; a repo agreement in which the lender of cash accepts any securities that are not special...

Specialness Spread

The spread that measures how special a security is seen in the repo market. It is the spread between the...