Filter by Categories
Accounting
Banking

Finance




T/N Repo


It stands for tom/ next repo (tomorrow/ next repo); a type of forward repo that is executed on T+0, with the opening leg of the trade settling on T+1 (tomorrow), and the closing leg of the trade settling on T+2 (next). It is an overnight repo (though it differs a little in terms of forward time horizon) in which a one-day repo rate is applicable to trades starting next business day.

Tom/ Next repos can be traded on a T+1 / T+2, T+1 / T+x basis (there are no restrictions on the return leg as the trades are individually managed).



ABC
Finance, as a field of knowledge, is substantially wide-ranging and virtually encompasses everything in the realm of corporate finance, financial management, ...
Watch on Youtube
Remember to read our privacy policy before submission of your comments or any suggestions. Please keep comments relevant, respectful, and as much concise as possible. By commenting you are required to follow our community guidelines.

Comments


    Leave Your Comment

    Your email address will not be published.*