Global Master Repurchase Agreement: Difference between revisions

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(GMRA).
(GMRA).


A framework agreement between the two parties to a repurchase agreement (repo), containing standard terms to apply to all the repo trades they enter into.
A framework agreement between the two parties to a repurchase agreement (repo), containing standard contractual provisions to apply to all the repo trades they enter into.
 
The GMRA saves the need to agree these contractual provisions every time a trade is transacted.
 
 
The GMRA is published by the International Capital Markets Association (ICMA).


The GMRA saves the need to agree these terms and provisions every time a trade is transacted.


== See also ==
== See also ==
* [[International Capital Market Association]]
* [[Repurchase agreement]]
* [[Repurchase agreement]]
* [[ISDA Master Agreement]]
== Other links ==
1. [http://tiny.cc/fqqhow ACT briefing note]
2. [http://www.icmagroup.org/Regulatory-Policy-and-Market-Practice/short-term-markets/Repo-Markets/frequently-asked-questions-on-repo/19-what-is-the-gmra/ What is the GMRA?]
[[Category:Compliance_and_audit]]

Latest revision as of 12:15, 22 February 2018

(GMRA).

A framework agreement between the two parties to a repurchase agreement (repo), containing standard contractual provisions to apply to all the repo trades they enter into.

The GMRA saves the need to agree these contractual provisions every time a trade is transacted.


The GMRA is published by the International Capital Markets Association (ICMA).


See also


Other links

1. ACT briefing note

2. What is the GMRA?