DTCC Begins Publishing Daily Index of General Collateral Repo Rates
DTCC has begun publishing the financial services industry’s first index to list average daily interest rates for the multi-billion-dollar daily market in General Collateral Finance (GCF) repurchase agreements (repos). The new DTCC GCF Repo Index™ lists the average interest rate paid each day for the most-traded general collateral repos involving U.S. Treasury securities, federal agency securities and mortgagebacked securities issued by Fannie Mae and the Federal Home Loan Mortgage Corporation.
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