Repos

Repos

This overview is a guide to the Banking & Finance content within the Repos subtopic, with links to appropriate materials.

Repurchase transactions, known as 'repos' are financial arrangements which are used in the international financial markets by financial institutions and corporate bodies. They use industry standard documentation published by the Securities Industry and Financial Markets Association (SIFMA) and the International Capital Markets Association (ICMA).

Repos—repurchase transactions

Structure of a repo transaction

A repo (the market term for 'repurchase transaction') is a type of financial instrument that involves the sale of an asset by one party (the 'seller') to another party (the 'buyer') with a simultaneous agreement between the parties that the seller will repurchase the asset from the buyer at a future date for a specified price.

Strictly speaking, any asset that is capable of being transferred from one person

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