General Collateral
Repo where financing demand is primary and collateral can be selected from an eligible basket rather than a uniquely sought security.
Market use
GC rates are often used as broad secured-funding indicators.
What it means
Repo where financing demand is primary and collateral can be selected from an eligible basket rather than a uniquely sought security.
Example
A specific scarce security may trade away from GC levels.
How to interpret it
This concept should be read together with its market convention, measurement horizon and underlying instrument. BondStats presents it as an analytical reference rather than investment advice; instrument documentation and primary market rules remain authoritative.
Related Conventions
BondStats reference content is independently written. Mathematical relationships, abbreviations and market conventions are presented for educational and analytical use.