Tri Party Repo
the securities settlement will happen in respect of Triparty Repo trades ?
Securities settlement for Triparty Repo trades shall take place in the books of Tri party Repo Agent i.e. CCIL. The securities shall be debited to respective members’ Gilt Account equivalent to the net funds borrowing outstanding for each tenor and such securities equivalent to net lending for respective tenor shall be credited to the Gilt Account of lender of funds.