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Extendible Repo

A repo (repurchase agreement), specifically an open repo, that which extends for longer periods that usual. It comes with an...

Basket Repo

A repo (repurchase agreement, RP) in the which the repo collateral is an entire portfolio (basket) of debt securities (bonds)....

Gestation Repo

A reverse repurchase (repo) agreement by which a mortgage firm sells federally guaranteed mortgage-backed securities (MBSs) to a securities dealer...

Start Leg of a Repo

A repo leg that involves the delivery of collateral assets/ repo collateral (securities) against payment of an amount of money...

Opening Leg of a Repo

A repo leg that involves the delivery of collateral assets/ repo collateral (securities) against payment of an amount of money...

Front Leg of a Repo

A repo leg that involves the delivery of collateral assets/ repo collateral (securities) against payment of an amount of money...

Repo Leg

One of the two legs on which a repo transaction is set up. A repo is the sale of a...

Term Leg of a Repo

A repo leg that involves the transfer back of the cash amount that was initially borrowed, plus interest (accumulated on...

Return Leg of a Repo

A repo leg that involves the transfer back of the cash amount that was initially borrowed, plus interest (accumulated on...

Safekeeping Repo

A repo (repurchase agreement) under which the collateral (posted by the repo seller) is not handed over to the cash...