摘要：In addition, it is expected to enhance the liquidity,stability, efficiency and competitiveness of Japanesefinancial markets through the development ofinfrastructure to shorten the settlement cycle.T+1 outright transactions call for T+0 generalcollateral (GC) repos, since GC repos are often usedto adjust excesses and shortages of cash resulting fromoutright transactions. The WG has agreed on theintroduction of a new transaction scheme to enableT+0 GC repos, and accordingly concluded that newinfrastructure should be established to ensure itsoperational feasibility. At the same time, the WG hasdecided to take this opportunity to proceed withinitiatives to further enhance the function of repomarkets.
