| Issue Date: |
|---|
Purpose
Records agreements in which an agency (buyer/lender) transfers to a broker-dealer or financial institution (seller/borrower). The seller/borrower transfers securities to the agency and promises to repay the cash plus interest in exchange for the same securities or for different securities.
USAS Values
| Normal Balance | Debit |
|---|---|
| Account Type | Real |
| GL Posting Level | Summary 1 [?] |
Summary 1 elements posted: Agy, GL, Fund, NACUBO Subfund, T-Code, Grant No. and Phase, AGL, FY, AY, DR/CR Ind. and Appd Fund.