What securities are eligible for borrowing?
• • In general, any Treasury or U.S. government agency security can be used as collateral, as well as most mortgage-backed securities (pass-throughs and CMOs), including AAA-rated private label issues. Ineligible securities include municipal and corporate bonds and equities. For a comprehensive listing of eligible collateral, please refer to page 51 of the Member Products Guide, which can be accessed via 1Link.
