Special Collateral Indicator
Definition: Identifies all repurchase agreements conducted against general collateral, those conducted against special collateral and securities lending transactions made of matched repurchase agreements and reverse repurchase agreements transacted versus cash. - General Collateral is a repurchase transaction in which the security lender may choose the security to pledge as collateral with the cash provider amongst a relatively wide range of securities meeting predefined criteria; - Special Collateral is a repurchase transaction in which the cash provider requests a specific security (individual ISIN) to be provided by the cash borrower; - Matched and Reverse Repurchase Agreement is a securities lending transaction as defined by local market practices.
Type: SpecialCollateral2Code (String)
Allowed Values:
- GENE (General Collateral): Identifies that all repurchase agreements are conducted against general collateral.
- SPEC (Special Collateral): Identifies that all repurchase agreements are conducted against special collateral.
- MRRP (Matched And Reverse Repurchase Agreement): Identifies that this is a securities lending transaction, made of repurchase agreements and reverse repurchase agreements versus cash.