CGO system definition
CGO system means the computer based system operated by the Central Gilts Office of the Bank of England to facilitate the transfer of securities, without the need for a written instrument;
Examples of CGO system in a sentence
Where Alternative Collateral is provided in any other form, the repayment shall be made outside the CGO system.
Such Securities shall be deemed to be delivered by the Lender to the Borrower when credited to the Borrower's account in the CGO system in accordance with the CGO Rules.