Term:
Repurchase agreements (repos) – BIS
Definition:
Repurchase agreements (repos) are money market operations based upon arrangements involving the sale of (financial) assets at a specified price with a commitment to repurchase the same or similar assets at a fixed price on a specified future date (usually short-term) or on a date subject to the discretion of the purchaser
Domain:
Finance
Source:
Guide to the International Banking Statistics, Bank for International Settlements, Basel, Switzerland, 2000, Part III – Glossary of Terms
