BNET Business Dictionary
Business Definition for: Repo
- repurchase agreement
- an open market operation undertaken by the Federal Reserve to purchase securities and agree to sell them back at a stated price on a future date
- a Bank of England repurchase agreement with market makers in gilt-edged securities. It is used to provide securities for short positions.
Wiktionary Definition for: Repo
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- #fox
Additional Resources
- EVOLUTION OF REPO CONTRACTING CONVENTIONS IN THE 1980S, THE
- * The growth of the repo market, new uses for repos, and the appearance of previously unappreciated risks led to dramatic changes in repo contracting conventions in the 1980s. * The changes included recognition of accrued interest on repo securities, a revision to how federal bankruptcy law applied to repos,...
- Research articles 2006-05-01
- GovPX introduces The Repo Index; the first comprehensive source of repo rates and trading volume
- NEW YORK--BUSINESS WIRE--November 9, 1995--The Repo Index, a new product from GovPX Inc., is the first comprehensive source of rates, and trading volume for the trillion dollar a day U.S. Treasury repurchase agreement market.The Repo Index provides indices of overnight repo rates weighted by volume for the active, on-the-run, U.S....
- Research articles 1995-11-09
- Repo-men: the Bank of England has at last announced plans for a repo market in British government bonds. The decision was long overdue. (Market Focus)
- British Chancellor Kenneth Clarke announced on Nov 29, 1994, that the Uk will deregulate its archaic repo market. Tax penalties will be reduced and restrictions on the purchase of British government bonds gilts will be eased. This should result in lowerBritish Chancellor Kenneth Clarke announced on Nov 29, 1994, that...
- Research articles 1994-12-03
- Group urges support for repo market.(Giovannini Group on capital market integration in European economic and monetary union)(Brief Article)
- A group of experts set up to advise the European Commission on capital market integration in economic and monetary union EMU has called on European banks to join Brussels and member states to promote the growth of a true repo market across the EU, writes Keith Nuthall....
- Research articles 1999-12-01
- Euro brings new efficiencies to the repo market.
- Byline: Natasha de Teran The more optimistic players in the eurozone repo markets might well have expected that the arrival of the single currency on January 1, 1999 would lead to a single euro repo market. If so, they will have been sorely disappointed.More...
- Research articles 2003-05-04
- Players prepare for repo market shake-up.
- Byline: Natasha de Teran The European repurchase agreement repo market is set for a shake-up following recent moves by brokerages and trading platforms.Icap, the world's largest inter-dealer broker in bonds and derivatives, has hired Danny Corrigan, a repo market veteran, to strengthen and...
- Research articles 2003-05-11
- High-Tech Repo Man Cleans Up Wrecked Dot-Coms in San Jose, Calif., Area.
- By Matt Marshall, San Jose Mercury News, Calif. Knight Ridder/Tribune Business News Jun. 14--Repo man Marty Pichinson swaggers down the deserted hallway of Zoho.com in Sunnyvale. Zoho, a Web site that serves hotels, is barely alive. And Pichinson has arrived to...
- Research articles 2001-06-14
- The Repo Market: Not for Small Investors
- William Hummel submits: The over-the-counter repo market is now one of the largest and most active sectors in the US money market. Repos are widely used for investing surplus funds short term, or for borrowing short term against collateral. Dealers in securities use repos to manage their liquidity,...
- External links 2008-12-31
- Chimera Investment Corporation Q1 2008 Earnings Call Transcript
- Question-and-Answer Session Operator Operator instructions Your first question comes from Steve Delaney – JMP Securities. Steve Delaney – JMP Securities I noticed when you gave your spot spread at the end of the quarter that your weighted average cost of repo borrowings at the end of...
- Earnings calls 2008-06-04
- Thornburg Mortgage, Inc. F1Q08 (Qtr End 03/31/08) Earnings Call Transcript
- Question-and-Answer Session Operator Operator Instructions Your first question comes from the line of Stephen Laws – Deutsche Bank Stephen Laws – Deutsche Bank In the press release it talks of fees totaling $70 million paid for committed lines and the termination of certain reverse repurchase agreements, can...
- Earnings calls 2008-06-12
- Commodity repos - a new way to cut inventory costs. (commodity repurchase agreements)
- Add commodity repurchase Repo agreements to the increasingly sophisticated arsenal of weapons being used to contain inventory carrying costs. Long used for complex financial transactions, the Repo approach was introduced into the commodity area Add commodity repurchase Repo agreements to the increasingly...
- Research articles 1995-07-13
- Annaly Capital Management, Inc. Q1 2008 Earnings Call Transcript
- Question-and-Answer SessionThank you sir. The question-and-answer session will begin at this time. [Operator Instructions]. And your first question comes from the line of Mike Widner of Stifel Nicolaus. You may proceed. Michael Widner - Stifel Nicolaus & Company. Inc. Good morning guys, good quarter. Couple of questions that are...
- Earnings calls 2008-05-05
- Thornburg Mortgage, Inc. Q3 2008 Earnings Call Transcript
- Question-and-Answer SessionOperator instructions Your first question comes from the line of Annett Franke; please go ahead. Annett Franke – FBR Asset Management Hi, good morning. Larry, quick question you mentioned that you can finally close the tender offer. Do you still have to get some more solution to the...
- Earnings calls 2008-11-12
- Prebon to spearhead European tri-party repos.
- Byline: Natasha de Teran Prebon Yamane, the London-based interdealer broker, is to launch the first European tri-party repo broking business. The firm has hired Andy Wise, a veteran in the sector, from WestLB to head the new division, which will be known as Questex.Before...
- Research articles 2003-09-21
- Agency Spreads Widen Dramatically
- John Jansen submits: Agency spreads have widened rather dramatically versus benchmark Treasury debt as fear grips even a market which, for all intents and purposes, carries the same risk as Treasury debt. The 2 year agency sector has widened 16 basis points versus benchmark Treasury paper. In the 5 year...
- External links 2008-09-17
- Resource Capital Corporation Q1 2008 Earnings Call Transcript
- Question-and-Answer SessionOperator Operator Instructions And your first question comes from the line of Don Fandetti of CITI. One moment, please proceed. Don Fandetti - Citigroup Hi, Jonathan, what is the -- Jonathan Cohen Hi, Don. Don Fandetti - Citigroup How are you doing? I wanted to get your...
- Earnings calls 2008-05-27
- Resource Capital Corporation Q4 2007 Earnings Call Transcript
- Question-and-Answer Session Operator Operator Instructions Your first call is from the line of Andrew Wessel with J.P. Morgan please proceed. Andrew Wessel - J.P. Morgan Good morning, I just have a couple of questions. ...
- Earnings calls 2008-03-14
- Thornburg Mortgage Inc. Q3 2007 Earnings Call Transcript
- Question-and-Answer Session Operator Thank you. [Operator Instructions]. Our first question is with Richard V. Shane with Jefferies and Company. Please go ahead sir. Richard V. Shane - Jefferies & Co. Larry, thanks for taking my question. I’m going to ask you to try to...
- Earnings calls 2007-10-18
- Federated Investors, Inc. Q4 2008 Earnings Call Transcript
- Question-and-Answer SessionOperator Thank you. We will now be conducting the question-and-answer session. Operator Instructions Our first question comes from Craig Siegenthaler with Credit Suisse. Please state your question. Craig Siegenthaler - Credit Suisse Thanks and good morning. First question, I just want to touch on the fee waivers with...
- Earnings calls 2009-01-23
- Treasury Bills Issued by the Ministry of Finance
- This Regulation has been developed in accordance with Article 73 of the Organic Law of the National Bank of Georgia ("NBG") in order to comply with the requirements of Article 29 of the same law. REPO is an agreement on selling securities at a fixed price on the condition of...
- White papers 1998-10-22
