U.S. GSE securities definition

U.S. GSE securities means negotiable, senior, non-callable, debt obligations issued by a U.S. GSE that on the date of funding possesses an issuer credit rating equivalent to the highest investment grade rating given by Standards & Poor’s Rating Services and Moody’s Investors Service.
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Examples of U.S. GSE securities in a sentence

  • A blended rate computed from the various U.S. GSE securities or U.S. Treasury securities selected by the licensee for which quotes are obtained at least three times a month.

  • For balances previously funded using U.S. GSE securities or U.S. Treasury securities, the discount rate on the date of funding shall be used for calculating the present value of this portion of the reserve.

  • This matter is proceeding.U.S. Government Sponsored Enterprise (“GSE”) Related Investigation The DOJ has requested information from us and reportedly other financial institutions regarding U.S. GSE securities trading practices.

  • The agreements are collateralized by U.S. GSE securities owned by the Bank, which as of December 31, 2012, had a carrying value of approximately $25,159,000.

  • Securitization opens up new sources of funding such as from domestic pension funds and mutual funds, as well as from foreign investors including foreign central banks who hold US GSE securities.

  • At December 31, 2012, there were eight U.S. GSE securities and one U.S. Government security in the investment portfolio that were in an unrealized loss position compared to 21 U.S. GSE securities and one U.S. Government security at December 31, 2011.

  • Repurchase AgreementsSecurities sold under agreements to repurchase mature daily and consisted of the following:As of or for the year endedDecember 31, 1) U.S. GSE securities, Agency MBS, ABS and OAS, and CDs were pledged as collateral for the periods presented.Note 15.

  • A further special feature of the U.S. LCR is the recognition of certain securities issued by government sponsored enterprises (GSEs) as Level 2A liquid assets.19 However, U.S. GSE securities included in the Level 2A classification are in general subject to a 15 percent haircut and are included in the 40 percent limitation for Level 2 assets within total HQLA assets, even though they have consistently traded in very large volumes and have remained highly liquid during times of stress.

  • These agreements were collateralized by U.S. GSE securities and U.S. Treasury notes with a book value of $33,275,039 and $40,625,821 and a fair value of $33,235,708 and $40,886,059 at December 31, 2013 and 2012, respectively.

  • This seems inconsistent with the recent decision of certain Prudential Regulators to “recognize U.S. GSE securities as highly liquid instruments that trade in deep and active markets by including them as a level 2A liquid asset” in the final rule implementing the liquidity coverage ratio (“LCR”) standard established by the Basel Committee on Banking Supervision.

Related to U.S. GSE securities

  • BofA Securities means BofA Securities, Inc.

  • Lock-Up Securities has the meaning ascribed to this term in Section 6.4.

  • ETP Securities means the Series of ETP Securities to which these Conditions relates or, as the context may require, any or all securities issued by the Issuer under the Programme.

  • Equity-linked Securities means any debt or equity securities that are convertible, exercisable or exchangeable for Class A Shares issued in a financing transaction in connection with a Business Combination, including but not limited to a private placement of equity or debt.

  • Foreign Securities include: securities issued and sold primarily outside the United States by a foreign government, a national of any foreign country or a corporation or other organization incorporated or organized under the laws of any foreign country and securities issued or guaranteed by the government of the United States or by any state or any political subdivision thereof or by any agency thereof or by any entity organized under the laws of the United States or of any state thereof which have been issued and sold primarily outside the United States.

  • Securities has the meaning stated in the first recital of this Indenture and more particularly means any Securities authenticated and delivered under this Indenture.

  • Related Securities means any options or warrants or other rights to acquire Shares or any securities exchangeable or exercisable for or convertible into Shares, or to acquire other securities or rights ultimately exchangeable or exercisable for or convertible into Shares.

  • Approved Securities means securities of any State Government or of the Central Government and such bonds, both the principal whereof and the interest whereon shall have been fully and unconditionally guaranteed by any such Government;