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{{gmslaanat|1}} | {{gmslaanat|1}}{{gmsla designated office}} | ||
Note the “theory” of the trade here, notwithstanding the term “{{gmslaprov|Loan}}”: Like a [[Repo]] a [[GMSLA]] {{gmslaprov|Loan}} works as simultaneous agreements to exchange {{gmslaprov|Securities}} and {{gmslaprov|Collateral}} by '''outright [[title transfer]]'''. | Note the “theory” of the trade here, notwithstanding the term “{{gmslaprov|Loan}}”: Like a [[Repo]] a [[GMSLA]] {{gmslaprov|Loan}} works as simultaneous agreements to exchange {{gmslaprov|Securities}} and {{gmslaprov|Collateral}} by '''outright [[title transfer]]'''. | ||