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Switchable Swap

An interest rate swap that enables the client to pay a rate that is lower than that of a vanilla swap in return for...

Repo Interest

The return on a repo, i.e., the interest earned by the lender (repo buyer) in a repo transaction. It is...

Repo Return

The return on a repo, i.e., the interest earned by the lender (repo buyer) in a repo transaction. It is...

Efficient Frontier

A continuum of portfolios that generate the highest expected returns for their given levels of risk (standard deviation) plotted in combinations of expected return and standard...

SC Rate

It stands for specific collateral rate; a repo rate that corresponds to specific collateral such as Treasury securities that are...

Specific Collateral Repo

A repo agreement in which a specific collateral (SC) is posted by the borrower as requested by the lender, who...

SC Repo

A repo agreement in which a special collateral (SC) is posted by the borrower as requested by the lender, who...

Special Collateral Repo

A repo agreement in which a special collateral (SC) is posted by the borrower as requested by the lender, who...

Repo

It stands for repurchase agreement. It is a financing transaction that mainly involves government securities, where a dealer or a holder of...

Cash-Based Repo

A repo agreement in which the lender of cash accepts any securities that are not special in the market and...