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CHAPTER 8Sale & Repurchase (Repo) Trades and Collateral – The Global Master Repurchase Agreement

To enable readers to relate the content of the five chapters commencing with Chapter 3 ‘Sale & Repurchase (Repo) Trades and Collateral – Introduction to Repo’ to Chapter 7 ‘Sale & Repurchase (Repo) Trades and Collateral – Repo Trade Variations’, the text which follows this page within this chapter contains a complete version of the Global Master Repurchase Agreement (GMRA) 2011.

The GMRA has been reproduced with the express permission of ICMA and SIFMA in 2017.

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