Agency Securities Lending

Agency Securities Lending

As you look to construct a securities lending program that aligns with your goals and objectives, benefit from BNY Mellon’s vast experience and comprehensive suite of services.

We customize a lending profile for you, including a tailored strategy based on your requirements, stated objectives and risk tolerance.


  • Cash collateral investment is based upon specific client guidelines that may include approved investments, credit quality, concentration and duration factors.

    Investment Strategy and Options

    Choose from a range of flexible cash collateral management options to support your investment guidelines. Our options include:

    • Separately managed accounts
    • Externally managed funds
    • Client managed cash

    Client Managed Cash

    You can manage your own cash collateral (subject to credit approval by BNY Mellon) to support your business priorities. This allows for an alternative source of liquidity for your daily cash needs.

    • Comprehensive risk management and credit research
    • Intrinsic lending driven
    • Ability to lend securities from a wide variety of local markets for increased utilization
    • Choice of more than 100 borrowers that meet BNY Mellon’s credit approval standards
    • Internally managed
    • Dedicated personnel
  • Leveraging our technology we can build:

    • Customized parameters (e.g., by security manager asset class, etc.)
    • Tailored program structures
    • High levels of automation

    Trading Platform

    BNY Mellon’s customizable front-end trading application is utilized globally to provide more effective information gathering. By aggregating data from multiple sources into a single application, traders can more quickly recognize changes to relative loan rates which may lead to additional opportunities.

    Customized Auction Tool: i-BIDSM

    This Internet-based securities auction tool allows traders to structure multi-dimensional auctions, ranging from full or partial portfolio exclusives down to single market or multi-market baskets. The flexibility of the platform allows for multiple collateral types and currencies helping to ensure that we are able to understand demand and the effects of collateral on pricing.

  • BNY Mellon also offers non-custodial third party lending options with a full range of services if you wish to maintain a custody relationship with another institution, yet are looking to enhance your lending performance.

Business Insights

Building in a city with an overlay of a graph

Single Counterparty Credit Limits

Our Single Counterparty Credit Limits (SCCL) guide has what you need to know about the proposed rules capping aggregate net credit exposure which may impact the securities lending market.

Securities Financing Transactions Regulation

Securities Financing Transactions Regulation

SFTR requirements introduce significant changes and present challenges for the securities finance industry.  

Our Thinking

swirls of bright colors

Fixed Income and Repo Market Update

At a recent webinar, our experts discussed how money market fund reform, expanding central bank balance sheets and increased regulatory requirements are shaping the fixed income and repo markets and securities financing strategies.

Sovereign Institutions Enhancing Global Liquidity

Sovereign Institutions Enhancing Global Liquidity

Twenty-five sovereign institutions surveyed. Challenges and opportunities abound.

Securities Finance Regulatory Update


Securities Finance Regulatory Update 2017

At our October 2017 Securities Finance Regulatory Update webinar, we discussed the current regulatory climate and the impact of regulation on securities finance. 

Related Solutions

Contact Us

William P. Kelly
Do you want to know more about BNY Mellon Markets?
William P. Kelly
Global Head of Agency Securities Finance
+1 212 815 3908
Want to share with friends in your network?