General Collateral Finance definition

General Collateral Finance means the weighted average of the interest rates paid each day for the three most traded CUSIPs of General Collateral Finance Repurchase Agreements (GCF Repos) found using GCFRTSY <index>.”
View Source

Examples of General Collateral Finance in a sentence

  • The Federal Reserve reports that the Secured Overnight Financing Rate is calculated as a volume- weighted median of transaction-level tri-party repurchase agreement data collected from The Bank of New York Mellon as well as General Collateral Finance repurchase agreement transaction data and data on bilateral Treasury repurchase transactions cleared through the FICC’s delivery-versus-payment service.

  • 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 U.S. Treasury repo transactions cleared through the FICC’s delivery‑versus-payment service.

  • The Federal Reserve reports that the Secured Overnight Financing Rate is calculated as a volume-weighted median of transaction-level tri-party repurchase agreement data collected from The Bank of New York Mellon as well as General Collateral Finance repurchase agreement transaction data and data on bilateral Treasury repurchase transactions cleared through the FICC’s delivery-versus-payment service.