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General collateral (GC)

A set of security issues which trade in the repo market at the same or a very similar repo rate.

Gilt-edged securities (gilts)

Government bonds in the UK, India, and several other commonwealth countries are known as gilts. Gilts are the equivalent of US treasury securities in their respective countries. The term gilt is often used informally to describe any bond that has a very low risk of default and a correspondingly low rate of return.

Global Master Securities Lending Agreement (GMSLA)

The GMSLA is an industry standard master agreement that is promoted and maintained by the International Securities Lending Association. It is used predominantly for the conclusion of cross-border securities lending transactions.

Global Master Repo Agreement (GMRA)

GMRA is an industry standard master agreement for repos

Gross-paying securities

Securities on which interest or other distributions are paid without any taxes being withheld.

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