Examples of General Collateral in a sentence
Report financing (including General Collateral Financing (GCF) transactions settled using FICC) that is outstanding as-of the FR 2004C report date using settlement date accounting.
FRBNY reports that SOFR includes all trades in the Broad General Collateral Rate, plus bilateral Treasury repurchase agreement ("repo") transactions cleared through the delivery-versus-payment service offered by the Fixed Income Clearing Corporation (the "FICC"), a subsidiary of The Depository Trust & Clearing Corporation ("DTCC").
Given the number of open market days during the reference period, the parameter is calculated, both for the General Collateral segment and for the Special Repo segment, as a percentage of volumes traded trough ordinary contracts or Request-for-quote type of contracts, weighted for the duration of the contract, of the overall total of the segment.
FRBNY reports that SOFR is calculated as a volume-weighted median of transaction-level tri- party repo data collected from The Bank of New York Mellon, which currently acts as the clearing bank for the tri-party repo market, as well as General Collateral Finance Repo transaction data and data on bilateral Treasury repo transactions cleared through the FICC's delivery-versus-payment service.
A securities collateral withdrawal request will be accepted only to the extent that the value of the General Collateral in the CCMS Collateral Account exceeds the SEOCH Participant’s current margin requirement.