Borrowing Limit and
Borrowing limit for the
members is derived based eligible securities deposited by member for Triparty
Repo, multiplied by mark to market prices, less hair cut applicable on
respective security. The members can borrow up to a maximum of Borrowing Limit
including all amounts which are borrowed and outstanding at that point in time.
Initial margin is computed at the rate of 0.50% on the total amount
borrowed/lent by the members. Triparty Repo members may seek intraday
enhancement of BL/ IM by depositing additional collaterals/ Government
Securities/ Cash. Similarly, Members may withdraw securities intraday provided
they are not utilised for borrowing / initial margin purpose. However, one day
prior notice is required for cash withdrawal.