The Reverse Repurchase Agreement serves as a crucial instrument in the Philippine financial markets, providing a framework for short-term secured lending transactions. It is commonly used by banks, financial institutions, and corporate entities operating under Philippine jurisdiction to manage liquidity and access short-term funding. The agreement must comply with BSP regulations, particularly Circular 1062, which provides specific guidelines for repo transactions. This document is essential when parties wish to enter into a reverse repo transaction where the buyer agrees to purchase securities with a commitment to sell them back to the original seller at a predetermined future date and price. It includes comprehensive provisions for pricing, margin maintenance, default scenarios, and regulatory compliance, making it suitable for both domestic and cross-border transactions within the Philippine regulatory framework.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Parties: Identification of the seller and buyer in the reverse repo transaction
2. Background: Context of the agreement and general purpose of the transaction
3. Definitions: Definitions of technical terms, including 'Purchase Price', 'Repurchase Price', 'Securities', 'Income', etc.
4. Sale and Repurchase: Core transaction terms including the commitment to sell and repurchase securities
5. Pricing and Payment Terms: Details of purchase price, repurchase price, and pricing calculations
6. Transfer of Securities: Mechanics and timing of securities transfer
7. Margin Maintenance: Requirements for maintaining margin and marking to market
8. Income Payments: Treatment of income on the securities during the transaction period
9. Representations and Warranties: Standard representations by both parties regarding capacity and authority
10. Events of Default: Definition of default events and consequences
11. Remedies: Available remedies in case of default or breach
12. Regulatory Compliance: Compliance with BSP regulations and other applicable laws
13. Notices: Process for serving notices between parties
14. Governing Law and Jurisdiction: Specification of Philippine law and jurisdiction
15. General Provisions: Standard boilerplate provisions including amendments, waivers, and severability
1. Substitution of Securities: Used when parties want to allow substitution of securities during the transaction period
2. Tax Provisions: Detailed tax provisions required when parties have specific tax considerations or cross-border elements
3. Buy/Sell Back Annex: Required when transaction is structured as a buy/sell back rather than classic repo
4. Agency Provisions: Required when either party is acting as agent for undisclosed principals
5. Electronic Trading Provisions: Required when transactions will be conducted through electronic trading platforms
6. Force Majeure: Detailed force majeure provisions beyond standard defaults, used in jurisdictions or situations requiring specific coverage
1. Schedule 1 - Form of Confirmation: Template for transaction-specific confirmations
2. Schedule 2 - Eligible Securities: List and characteristics of securities eligible for the repo transactions
3. Schedule 3 - Pricing Rates and Calculations: Detailed pricing methodology and applicable rates
4. Schedule 4 - Margin Ratios: Specific margin ratios applicable to different types of securities
5. Schedule 5 - Contact Details: Contact information for notices and operational matters
6. Appendix A - Standard Settlement Instructions: Details of accounts and settlement procedures
7. Appendix B - Forms of Power of Attorney: Required forms for executing transfers and settlements
Authors
Relevant legal definitions
Clauses
Relevant Industries
Banking
Financial Services
Securities Trading
Investment Management
Insurance
Asset Management
Treasury Services
Capital Markets
Relevant Teams
Legal
Compliance
Treasury
Trading
Risk Management
Operations
Settlement
Finance
Investment
Credit
Regulatory Reporting
Middle Office
Relevant Roles
Treasury Manager
Legal Counsel
Compliance Officer
Risk Manager
Trading Manager
Portfolio Manager
Securities Operations Manager
Financial Controller
Investment Officer
Settlements Officer
Credit Risk Officer
Regulatory Reporting Manager
Find the exact document you need
Pledge Agreement (Real Estate)
A Philippine law-governed security agreement where real property is pledged as collateral to secure a debt or obligation.
find out more
Membership Pledge Agreement
A Philippine law-governed agreement that establishes formal membership terms, rights, and obligations between an organization and its members.
find out more
Motor Vehicle Security Agreement
A Philippine law-governed agreement establishing a security interest in a motor vehicle as collateral for a loan or financial obligation.
find out more
Security Interest Contract
A Philippine law-governed agreement creating a security interest in assets to secure an obligation, subject to the Personal Property Security Act and related legislation.
find out more
Real Estate Security Agreement
A Philippine law-governed agreement creating a security interest over real property as collateral for a loan or obligation.
find out more
Personal Information Confidentiality Agreement
A Philippine law-compliant agreement establishing confidentiality obligations for handling personal information, aligned with the Data Privacy Act of 2012.
find out more
Security Agreement For Promissory Note
A Philippine law-governed security agreement that creates a security interest in collateral to secure obligations under a promissory note.
find out more
Stock Transfer Agreement Gift
A Philippine law-compliant agreement for the gratuitous transfer of corporate shares from a donor to a donee, incorporating necessary tax and regulatory requirements.
find out more
Security Deposit Agreement
A Philippine law-governed agreement establishing terms for handling, maintaining, and returning a security deposit between parties, typically used in property rental or service arrangements.
find out more
Penetration Testing Confidentiality Agreement
A Philippine-law governed agreement establishing confidentiality terms and authorized activities for cybersecurity penetration testing services.
find out more
Data Privacy Contract
A Philippine law-compliant contract governing personal data processing arrangements between parties, aligned with the Data Privacy Act of 2012.
find out more
Collateral Substitution Agreement
A Philippine law-governed agreement enabling the substitution of loan collateral while maintaining security interest continuity and regulatory compliance.
find out more
Agreement To Exclude Security Of Tenure
A Philippine law-compliant agreement that establishes fixed-term employment by excluding security of tenure provisions, subject to Labor Code requirements.
find out more
Security Agreement Contract
A Philippine law-governed agreement creating security interests over collateral to secure obligations, complying with the Personal Property Security Act.
find out more
Stock Collateral Loan Agreement
A Philippine law-governed agreement establishing terms for a loan secured by shares of stock, including collateral arrangements and enforcement mechanisms.
find out more
Stock Pledge And Security Agreement
A Philippine law-governed agreement creating a security interest over shares of stock as collateral for securing obligations.
find out more
Tri Party Collateral Agreement
A Philippine law-governed agreement establishing arrangements between three parties for the management and custody of collateral assets.
find out more
Purchase Money Security Agreement
A Philippine law-governed agreement creating a security interest in purchased property, establishing purchase terms and secured party's rights under the Personal Property Security Act.
find out more
Loan Against Shares Agreement
A Philippine law-governed agreement establishing terms for a loan secured by shares as collateral, detailing pledge arrangements and security mechanisms.
find out more
Note And Security Agreement
A Philippine law-governed agreement combining loan terms and security arrangements, establishing both debt obligations and collateral rights.
find out more
Debenture Trustee Agreement
A Philippine law-governed agreement appointing and establishing the duties of a trustee to protect debenture holders' interests in a debenture issuance.
find out more
Irrevocable Pledge Agreement
A Philippine law-governed security agreement creating an irrevocable pledge over specific assets as collateral for securing obligations.
find out more
Guaranty And Security Agreement
A Philippine law-governed agreement combining a personal guarantee with security interests in collateral to secure obligations, subject to local secured transactions laws.
find out more
Global Master Repurchase Agreement
A master agreement for repurchase transactions in the Philippines, compliant with BSP and SEC regulations, governing securities financing between financial institutions.
find out more
Equipment Security Agreement
A Philippine law-governed agreement creating security interests in equipment as collateral for loans or obligations, regulated under the Personal Property Security Act.
find out more
Auto Loan Security Agreement
A Philippine law-governed agreement creating a security interest in a financed vehicle, establishing loan terms and collateral arrangements under local banking and consumer protection regulations.
find out more
Personal Security Agreement
A legally-binding agreement under Philippine law that establishes terms and conditions for security service provision, ensuring compliance with RA 5487 and related regulations.
find out more
Omnibus Loan And Security Agreement
A Philippine law-governed agreement combining multiple loan facilities and security arrangements into a single comprehensive financing document.
find out more
Collateral Account Control Agreement
A Philippine law-governed agreement establishing control over a bank account as collateral security between an account holder, secured party, and deposit bank.
find out more
Collateral Account Agreement
A Philippine law-governed agreement establishing security over a bank account and its contents, setting out control and enforcement rights.
find out more
Chattel Security Agreement
A Philippine law-governed agreement creating security interests in personal property (chattel) to secure obligations, regulated under the Personal Property Security Act.
find out more
Account Control Agreement Collateral
A Philippine law-governed tripartite agreement establishing control over deposit accounts as collateral security, enabling perfection of security interests under local law.
find out more
Retail Installment Contract And Security Agreement
A Philippine law-governed agreement combining retail installment sales terms with security provisions for consumer goods purchases, ensuring seller protection and compliance with local consumer protection laws.
find out more
Subordinated Creditors Security Agreement
A Philippine law-governed agreement establishing security interests and creditor priorities in secured financing arrangements, regulating relationships between senior and subordinated creditors.
find out more
Personal Loan Contract With Collateral
A Philippine law-governed agreement establishing terms for a personal loan secured by collateral, including security interest provisions and regulatory compliance requirements.
find out more
Shareholder Agreement Transfer Of Shares
A Philippine law-governed agreement documenting the transfer of shares between shareholders, setting out terms, conditions, and regulatory compliance requirements.
find out more
Stock Transfer Restriction Agreement
A Philippine law-governed agreement that establishes restrictions and procedures for corporate share transfers, protecting existing shareholders' interests and maintaining ownership control.
find out more
Third Party Collateral Agreement
A Philippine law-governed agreement where a third party provides their assets as collateral to secure another party's obligations to a creditor.
find out more
Security Control Agreement
A Philippine-law governed agreement establishing security control measures and compliance requirements, ensuring alignment with local data protection and cybersecurity regulations.
find out more
Key Holding Agreement
A Philippine-compliant agreement establishing terms for professional key custody services, including security protocols and liability arrangements.
find out more
ұԾ’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ұԾ’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)