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Hypothecation

The pledging of a property by a debtor as collateral to secure a loan. Hypothecation doesn't transfer possession or title...

CSA

It stands for credit support annex; a collateral arrangement the purpose of which is to mitigate counterparty risk in an...

Credit Support Annex

A collateral arrangement the purpose of which is to mitigate counterparty risk in an OTC derivative contract such as swaps....

Recourse Leverage

The leverage in which the so-called recourse borrowing is used. It is backed by collateral posted by the borrower. The...

Arbitrage CDO

A securitized product (a type of collateralized debt obligations – CDOs) that originates obligations collateralized or backed by a pool...

Repo Squeeze

A mix of funding that involves both a direct repo and a triparty repo. This situation arises when the holder...

Repo Dividend

The rent amount that can be captured by reinvesting the repo loan funds at the higher general collateral repo rate....

Repo Reference Rate

An interest rate that is used as a reference rate for repo transactions (repurchase agreements). An example is the reference...

Special Collateral Rate

A repo rate that is associated with special collateral securities. It is the interest rate a lender in the repo market...

Special Repo Rate

A repo rate that is associated with special collateral securities. It is the interest rate a lender in the repo market...