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Specialness Repo

The spread between the general repo rate and the special repo rate. It can be viewed as a repo dividend (it...

Special Repo Rate

A repo rate that corresponds to special collateral such as Treasury securities that are on the run or have recently been issued. This rate...

Soft Call Convertible Bond

A convertible bond (CB) that can be called by the issuer any time over its life (time to maturity) or any time after a...