Repurchase agreement - Borrowing funds by providing a government security for collateral and promising to "repurchase" the security at the end of the agreed upon time period. The associated interest rate is the "repo rate".
An agreement with a commitment by the seller (dealer) to buy a security back from the purchaser (customer) at a specified price at a designated future date. Also called a repo, it represents a collateralized short-term loan, where the collateral may be a Treasury security, money market instrument, federal agency security, or mortgage-backed security. From the purchaser (customer) perspective, the deal is reported as a reverse Repo.
Repurchase agreement : borrowing funds by providing a government security for collateral and promising to "repurchase" the security at the end of the agreed upon time period. the associated interest rate is the "repo rate".
an agreement with a commitment by the seller (dealer) to buy a security back from the purchaser (customer) at a specified price at a designated future date. also called a repo, it represents a collateralized short-term loan, where the collateral may be a treasury security, money market instrument, federal agency security, or mortgage-backed security. from the purchaser (customer) perspective, the deal is reported as a reverse repo.
Repurchase agreement