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VR Repo

It stands for variable-rate repo; a type of repo (repurchase agreement) in which the interest rate is changed in accordance...

Repurchase Agreement

A contract which is entered into between a seller and buyer for the temporary sale of securities, such as treasury...

Reverse Repo

A contract (short-term borrowing) which is made between a buyer and seller for the temporary purchase of securities, such as...

Haircut

The margin or deposit that is tied up to cover a position taken by a financial intermediary such as a...

Triparty Repo

A type of repo in which a three-way agreement is entered into to facilitate settlement and daily margining. The three...

Tripartite Repo

A type of repo in which a three-way agreement is entered into to facilitate settlement and daily margining. The three...

Term-Rate-Indexed Repo

A type of floating rate repo (variable rate repo) which is linked to a term index such as LIBOR or...

Trust-Me Repo

A form of repurchase agreement (repo) in which the borrower of cash doesn't deliver out the collateral, but rather keeps...

On Demand Repo

A type of repo (repurchase agreement) that has no fixed maturity date. In effect, the transaction can be terminated "on...

Terminable On Demand Repo

A type of repo (repurchase agreement) that has no fixed maturity date. In effect, the transaction can be terminated by...