CFI code group : Securities lending [LS]
Financial acronyms
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CFI code group specification as per ISO 10962:2021
An agreement entered into by two parties where one party (lender) agrees to lend cash or securities to the other party (borrower) in exchange for collateral plus a lending fee. The lender retains the rights (i.e. title, dividend/interest payments and corporate actions that may arise during the term of the loan) to the securities on loan to the borrower.
CFI code group attributes
1st attribute of group LS : Underlying assets
Possible values are:
C
Cash collateral
G
Government bonds
P
Corporate bonds
T
Convertible bonds
E
Equity
L
Letter of credit
D
Certificate of deposit
W
Warrants
K
Money Market Instruments
M
Others (Miscellaneous)
2nd attribute of group LS : Termination
Possible values are:
N
Overnight
O
Open
T
Term
3rd attribute of group LS : N/A
Possible values are:
X
Not Applicable/Undefined
4th attribute of group LS : Delivery
Possible values are:
D
Delivery versus payment
F
Free of payment
H
Hold-in-custody
T
Tri-party