Securities Lending Collateral definition

Securities Lending Collateral means any Securities Lending Cash Collateral or any Securities Lending Non-Cash Collateral, as the case may be.

Securities Lending Collateral means any cash and/or securities of any one or more Qualifying Countries with a maturity of five years or less delivered to the Issuer as collateral for the obligations of a Securities Lending Counterparty under a Securities Lending Agreement which shall be in an amount not less than 102 per cent. or such other percentage in respect of which Rating Agency Confirmation is received of the current market value of the relevant Collateral Debt Obligations provided that Securities Lending Collateral may not consist of any securities that are Dutch Ineligible Securities.

Securities Lending Collateral means any cash and/or securities of any one or more Qualifying Countries with a maturity of five years or less delivered to the Issuer as collateral for the obligations of a Securities Lending Counterparty under a Securities Lending Agreement provided that such securities shall not be Dutch Ineligible Securities.

Examples of Securities Lending Collateral in a sentence

• Investments in the Securities Lending Collateral Pool and the Contribution Fund are limited to investment grade, short-term marketable securities.

• Cash received as collateral on securities lending transactions and investments made with that cash are recorded as an asset and liability.Investments purchased with cash collateral are recorded as Securities Lending Collateral with a corresponding liability as Securities Lending Obligations.

• Securities Lending Collateral SDCERS is exposed to custodial credit risk for the securities lending collateral such that certain collateral is received in the form of letters of credit, tri-party collateral or securities collateral.

• Non-operating Expenses: The allocable share of the expenses arising from State Treasurer’s Securities Lending Collateral program transactions, totaling $15 and $36 for the years ended June 30, 2017 and 2016, respectively, are included as non-operating expense.

• The investment characteristics of the collateral pool are disclosed in the Securities Lending Collateral section.

More Definitions of Securities Lending Collateral

Securities Lending Collateral means any cash or direct debt obligations of a Qualifying Country that have a maturity of five years or less delivered to the Issuer as collateral pursuant to a Securities Lending Agreement provided that Dutch Ineligible Securities may not be so delivered.

Securities Lending Collateral means any cash or collateral debt obligations delivered to the Issuer as collateral for the obligations of a Securities Lending Counterparty under a Securities Lending Agreement.

Securities Lending Collateral means any cash and/or securities of any one or more Eligible Countries with a maturity of five years or less and denominated in Euro which is delivered to the Issuer as collateral for the obligations of a Securities Lending Counterparty under a Securities Lending Agreement.

Securities Lending Collateral means any cash delivered to the Issuer as collateral pursuant to a Securities Lending Agreement.

Securities Lending Collateral means any cash or direct Registered debt obligations of the United States of America that have a maturity of five years or less and that are pledged by a Securities Lending Counterparty as collateral pursuant to a Securities Lending Agreement.

Securities Lending Collateral means any cash, securities, direct debt obligations of a Qualifying Country that have a maturity of five years or less and/or other such collateral in respect of which Rating Agency Confirmation has been received, delivered to the Issuer as collateral for the obligations of a Securities Lending Counterparty under a Securities Lending Agreement and any distributions or other amounts received in respect thereof from time to time provided that such securities shall not be Dutch Ineligible Securities.

Securities Lending Collateral means cash or direct Registered obligations of the United States of America that have a maturity of five years or less.