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Special Collateral Repo Rate

A repo rate that is associated with special collateral securities. It is the interest rate a lender in the repo market...

Step-Up Recovery Floating Rate Note

A floating-rate note (FRN) that typically pays 50% of a Constant- Maturity Treasury (CMS) rate plus a specific spread and under which a floor...

Specialness

The difference between interest earned on a security posted as a loan's collateral and the prevailing interest rate for loan...

Step-Up Callable Note

A callable note (and a type of callable instruments) whose coupon rate is increased (i.e., “stepped up”) at specific points...

Step-Coupon Bond

A bond which is typically issued with a special provision allowing the initial interest to be reset on specified dates so that...

SC Rate

It stands for specific collateral rate; a repo rate that corresponds to specific collateral such as Treasury securities that are...

Specific Collateral Repo

A repo agreement in which a specific collateral (SC) is posted by the borrower as requested by the lender, who...

SC Repo

A repo agreement in which a special collateral (SC) is posted by the borrower as requested by the lender, who...

Special Collateral Repo

A repo agreement in which a special collateral (SC) is posted by the borrower as requested by the lender, who...

Specific Collateral

A specifically determined and specified collateral in a repo transaction. In this transaction, the underlying security/ issue is well specified....