TERMIUM Plus®

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CASH COLLATERAL POOL [1 record]

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Record 1 1999-04-08

English

Subject field(s)
  • Banking
CONT

A cash collateral pool covering the largest net debit exposure possible in the system (EUR 1 billion) [to secure the timely settlement of euro1 in the event of a participant failing to settle].

French

Domaine(s)
  • Banque
CONT

Un fonds de garantie espèces couvrant la position nette débitrice possible la plus élevée possible du système (EUR 1 milliard) servirait [à assurer le règlement d'EURO1 à l'heure requise malgré la défaillance d'un participant].

Spanish

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TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
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