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CHAPTER 13Securities Lending & Borrowing and Collateral – The Global Master Securities Lending Agreement

To enable readers to relate the content of the four chapters commencing with Chapter 9 ‘Securities Lending & Borrowing and Collateral – Introduction to SL&B’ to Chapter 12 ‘Securities Lending & Borrowing and Collateral – Accessing the SL&B Marketplace’, the text which follows this page within this chapter contains a complete version of the Global Master Securities Lending Agreement (GMSLA) 2010.

The GMSLA has been reproduced with the express permission of The International Securities Lending Association.

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