COLLATERAL in the REPURCHASE AGREEMENT market that is in abundant supply and which does not therefore allow a repurchase agreement borrower to obtain a lower than normal borrowing rate. See also SPECIAL.
GENERAL COLLATERAL (GC)
COLLATERAL in the REPURCHASE AGREEMENT market that is in abundant supply and which does not therefore allow a repurchase agreement borrower to obtain a lower than normal borrowing rate. See also SPECIAL.