Babylon 10
Simply the best definition!

Download it's free

ASLP

European Central Bank Dictionary

Download this dictionary
ASLP
 
automated security lending programme (ASLP)
A financial operation combining repo and reverse repo transactions where specific collateral is lent against general collateral. As a result of these lending and borrowing transactions, income is generated through the different repo rates of the two transactions (i.e. the margin received). The operation may be conducted under a principal-based programme, i.e. the bank offering this programme is considered the final counterparty, or under an agency-based programme, i.e. the bank offering this programme acts only as agent, and the final counterparty is the institution with which the security lending transactions are effectively conducted.

Copyright © 2006, European Central Bank, Frankfurt am Main, Germany. This information may be obtained free of charge through the ECB's website.

Most Common Acronyms and Abbreviations Dictionary

Download this dictionary
ASLP
Age Sex Location Picture 


 

For more possible definitions for ASLPclick here
©1988-2002, All Rights Reserved, AcronymFinder.com