F-TRAC definition
Examples of F-TRAC in a sentence
RBI/2014-15/361 dated 19th December 2014 waived the requirement of exchange of physical Confirmation of trades matched on F-TRAC for OTC trades in CDs/CPs/ OTC repo trades in corporate debt securities, CPs, CDs and NCDs of original maturity less than one year for RBI regulated entities subject to, inter alia, such market participants entering into one time bilateral agreement for eliminating the physical exchange of Confirmation.
FIMMDA, at the request of market participants, had taken up with RBI the matter for waiver of physical exchange of Confirmation of secondary market OTC deals matched on F-TRAC in respect of CD, CP, Repos in Corporate Debt Securities CPs, CDs and NCDs of original maturity less than one year.