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Glossary > E > "Eligible bankers acceptances" Definition

Eligible bankers acceptances

In the BA market, an acceptance may be referred to as eligible because it is acceptable by the Fed as collateral at the discount window and/or because the accepting bank can sell it without incurring a reserve requirement.

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Eligible bankers acceptances \ In the BA market, an acceptance may be referred to as eligible because it is acceptable by the Fed as collateral at the discount window and/or because the accepting bank can sell it without incurring a reserve requirement.

Eligible bankers acceptances / in the ba market, an acceptance may be referred to as eligible because it is acceptable by the fed as collateral at the discount window and/or because the accepting bank can sell it without incurring a reserve requirement.