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SETTLEMENT

Gross Settlement

Settles obligations individually without offsetting them into a single net position.

Market use

Can reduce certain netting dependencies but may require more intraday liquidity.

What it means

Settles obligations individually without offsetting them into a single net position.

Example

RTGS systems process eligible payments individually in real time.

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.

BondStats reference content is independently written. Mathematical relationships, abbreviations and market conventions are presented for educational and analytical use.