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Nonagency Collateral

A collateral, in a repo transaction or CMOs, that comes in the form of a whole loan. By nature, whole...

Sale and Repurchase Agreements

A bilateral agreement whereby one party, the seller, sells a financial asset to another party, the buyer, to the effect...

Overnight Reverse Repo Rate

An overnight interest rate (overnight repo) that is set by a central bank, at which to borrow money from non-bank...

Overnight RRP

It stands for overnight reverse repurchase rate (overnight RRP/ ONRRP); an overnight interest rate that is set by a central...

ONRRP

It stands for overnight reverse repurchase rate (overnight RRP); an overnight interest rate that is set by a central bank,...

Overnight Reverse Repurchase Rate

An overnight interest rate that is set by a central bank, at which to borrow money from non-bank entities (for...

B&B

It stands for bed and breakfast; the functional, but not necessarily the economic, equivalent of an overnight repurchase agreement (repo)....

Repo Repricing

A repo (repurchase agreement) that is repriced on a daily (or even intraday) basis to reflect changes in current market...

Repo Marking To Market

A repo (repurchase agreement) that is repriced on a daily (or even intraday) basis to reflect changes in current market...

Mark-To-Market Repo

A repo (repurchase agreement) that is repriced on a daily (or even intraday) basis to reflect changes in current market...