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Open Repurchase Agreement

A repurchase agreement (repo) which has no specific repurchase date. In other words, the term of an open repurchase agreement...

Open RP

A repurchase agreement (repo) which has no specific repurchase date. In other words, the term of an open RP is...

Open Repo

A repurchase agreement (repo) which has no specific repurchase date. In other words, the term of an open repo is...

BA

It stands for borrower arbitrage; a type of one-way arbitrage which capitalizes on violations to the law of one price...

Borrower Arbitrage

A type of one-way arbitrage which capitalizes on violations to the law of one price (LOP) for borrowing rate (ask)....

OA

It stands for owner arbitrage; a type of one-way arbitrage which capitalizes on violations to the law of one price...

One-Way Arbitrage

A type of arbitrage (inter-market price differential) that involves only one side of the arbitrage transaction. For example, a trader...

Owner Arbitrage

A type of one-way arbitrage which capitalizes on violations to the law of one price (LOP) for lending rate (bid)....

Refinance Position

A new position that involves revisiting/ revising the terms of an existing finance (e.g., a loan, credit facility, a mortgage...

Long Bond

A bond with a long period remaining until maturity date. Bonds with more than two years to maturity are often...