TMPG Releases Consultative White Paper on Clearing and Settlement in the Market for U.S. Treasury Secured Financing Transactions

The Treasury Market Practices Group (TMPG) today released a consultative White Paper on Clearing and Settlement in the Market for U.S. Treasury Secured Financing Transactions. The White Paper describes the various clearing and settlement arrangements for U.S. Treasury secured financing transactions (SFT), provides detailed maps that illustrate the process flows, and catalogs potential areas of risk. The TMPG seeks public feedback on the following aspects of the secondary Treasury market: the accuracy and completeness of various SFT clearing and settlement arrangements described, risk and resiliency issues identified, and any other feedback and suggestions.

TMPG Releases Consultative White Paper on Clearing and Settlement in the Market for U.S. Treasury Secured Financing Transactions November 9, 2022

Clearing and Settlement in the Market for U.S. Treasury Secured Financing Transactions November 9, 2022

Clearing and Settlement for Treasury SFTs Maps November 9, 2022

TMPG Releases Updates for Working Groups on Clearing and Settlement Practices for Treasury SFTs, Treasury Market Data and Transparency

The Treasury Market Practices Group (TMPG) today released updates for two of its ongoing working groups: Clearing and Settlement Practices for Treasury SFTs, and Treasury Market Data and Transparency. First, the TMPG released a draft set of maps and summary note that illustrate current clearing and settlement processes for common securities financing transaction types for Treasuries —repurchase and securities lending agreements (collectively referred to as Secured Financing Transactions or SFTs). Second, the TMPG released a draft catalogue and summary note of data currently available in the Treasury cash, futures and financing markets.

TMPG Releases Updates for Working Groups on Clearing and Settlement Practices for U.S. Treasury SFTs, Data and Transparency November 5, 2021

Clearing and Settlement Practices for Treasury SFTs Note November 5, 2021

Clearing and Settlement Practices for Treasury SFTs Draft Maps November 5, 2021

Treasury Market Data and Transparency Note November 5, 2021

Treasury Market Data and Transparency Draft Catalogues November 5, 2021

TMPG Releases Best Practice Recommendations on Clearing and Settlement

The Treasury Market Practices Group (TMPG) today updated the existing Best Practices for Treasury, Agency Debt and Agency Mortgage-Backed Securities Markets by incorporating recommendations related to clearing and settlement practices in the secondary market for U.S. Treasury securities. The TMPG believes that these updates will provide necessary guidance for market participants and promote the integrity and efficiency of TMPG covered markets. The TMPG has also released a supplementary note on the purpose and breadth of these new best practice recommendations related to clearing and settlement. A proposed draft was published in April. Additionally, the TMPG has published a final version of the white paper on clearing and settlement.

TMPG Releases Best Practice Recommendations on Clearing and Settlement July 11, 2019

Best Practices for Clearing and Settlement in the Secondary Market for U.S. Treasury Securities July 11, 2019

Best Practices for Treasury, Agency Debt and Agency Mortgage Backed Securities Markets July 11, 2019

White Paper on Clearing and Settlement in the Secondary Market for U.S. Treasury Securities July 11, 2019

TMPG Seeks Comment on Proposed Best Practice Recommendations on Clearing and Settlement

The Treasury Market Practices Group (TMPG) is proposing updates to its Best Practices for Treasury, Agency Debt and Agency Mortgage-Backed Securities Markets to incorporate recommendations supporting efficient clearing and settlement in these markets. The proposed best practice recommendations address several risk and resiliency issues identified by TMPG members in the consultative White Paper on Clearing and Settlement in the Secondary Market for U.S. Treasury Securities published in July 2018.

TMPG Seeks Comment on Proposed Best Practice Recommendations on Clearing and Settlement April 18, 2019

Treasury Market Practices Group Proposed Practice Guidance on Clearing and Settlement April 18, 2019

TMPG Conducts Outreach Following Clearing and Settlement Consultative White Paper Publication

Following the publication of the consultative White Paper on Clearing and Settlement in the Secondary Market for U.S. Treasury Securities, the TMPG conducted outreach with a wide range of industry groups and participants.

TMPG Outreach on Clearing and Settlement December 4, 2018

TMPG Releases Consultative White Paper on Clearing and Settlement in the Secondary Market for U.S. Treasury Securities

The Treasury Market Practices Group (TMPG) today released a consultative White Paper on Clearing and Settlement in the Secondary Market for U.S. Treasury Securities. The White Paper describes the various clearing and settlement arrangements for U.S. Treasury securities, provides detailed maps that illustrate the process flows, and catalogs potential areas of risk. The TMPG seeks public feedback on the following aspects of the secondary Treasury market: the accuracy and completeness of various clearing and settlement arrangements described, risk and resiliency issues identified, and any other feedback and suggestions.

TMPG Releases Consultative White Paper on Clearing and Settlement in the Secondary Market for U.S. Treasury Securities July 12, 2018

White Paper on Clearing and Settlement in the Secondary Market for U.S. Treasury Securities July 12, 2018

Trade Flow Mapping July 12, 2018