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Repo Reference Rate

An interest rate that is used as a reference rate for repo transactions (repurchase agreements). An example is the reference...

Repurchase Agreement

Also a repo agreement, it is a financing transaction that mainly involves government securities, where a dealer or a holder...

Refinancing Wall

The period in which many existing debt arrangements come due or approach maturity. For example, loans, bonds, and leveraged buyout...

Recourse Factoring

A type of factoring in which all factoring services or facilities are provided by the factor to the seller, in...

Repo Premium

Repo premium may hold different meanings depending on context. In general, it denotes the additional amount a bank in a...

Repo Specialness

The specialness of a repo (repurchase agreement). It is the difference between interest earned on a security posted as a...

Redeemable At Par

A bond (or debt security) is redeemable at par when the holder has the right to receive its par value upon redemption or on maturity date....

Rights On

A stock trading with rights on entitles new buyers, rather than sellers, to receive rights that have been declared but not yet...

Redeemable Note

A note that gives the issuer the right to buy back (call or redeem) the note at a predetermined price...

Relative Yield Spread

The relative difference in yield to maturity (YTM) between two bonds (bond issues) or two classes of bonds with similar maturities. It is the ratio of the yield...