Advertising

Open repo

• A repo with no definite term. The agreement is made on a day-to-day basis and either the borrower or the lender may choose to terminate. The rate paid is higher than on overnight repo and is subject to adjustment if rates move.

• A repo with no definite term. The agreement is made on a day-to-day basis and either the borrower or the lender may choose to terminate. The rate paid is higher than on overnight repo and is subject to adjustment if rates move.

 
 Embedded terms in definition
 Basis
Overnight repo
Repo
Subject
 
 Related Terms
 

<< Open position Opening price >>

Teaching Children the Financial Facts of Life: Showing the importance of saving, spending wisely and sharing with others More...

The game of life is to come up a winner, to be a success, or to achieve what we set out to do. Yet there is always the danger of failing as a human being. - Richard Milhouse Nixon

Advertising



Copyright 2009-2019 GVC. All rights reserved.