The securities are sold by the seller to the buyer, with the obligation for the buyer to subsequently resell the same securities to the seller. For now, reverse retirement operations reduce the number of reserve assets in the banking system. How does the desk communicate operating results? After a reverse-repo process, the desk publishes a summary of the results including the total amount, the total amount accepted and the premium rate. Since Tri-Party agents manage the equivalent of hundreds of billions of dollars in global collateral, they are the size to subscribe to multiple data streams to maximize the coverage universe. Under a tripartite agreement, the three parties to the agreement, the tri-party agent, the collateral taker/cash provider (“CAP”) and the repo seller (Cash Borrower/Collateral Provider, “COP”) agree to a collateral management agreement that includes a “collateral eligible profile”.