Global Master Repurchase Agreement: Difference between revisions
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imported>Doug Williamson (Amended as discussed with Michelle Price 28-29 May 2013 & added link to ICMA website) |
imported>Doug Williamson (Layout.) |
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The GMRA saves the need to agree these contractual provisions every time a trade is transacted. | The GMRA saves the need to agree these contractual provisions every time a trade is transacted. | ||
== See also == | == See also == | ||
Revision as of 15:39, 6 May 2016
(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.
