Article 31 |
A securities firm may only use the following bonds as a source for its conduct of book-entry central government bond borrowing and lending business.
- Book-entry central government bonds held for its own account.
- Bonds borrowed through the securities lending system of an over-the-counter securities market.
- Bonds acquired through reverse repo trades.
- Bonds borrowed from a customer.
- Bonds borrowed from other securities firms or securities finance enterprises that conduct securities borrowing and lending business.
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