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Repurchase Agreement

Also a repo agreement, it is a financing transaction that mainly involves government securities, where a dealer or a holder...

Roly-Poly CD

Colloquial for rollover CD; a short-term certificate of deposit (CD), usually with a 6-month maturity, where the issuer reissues or...

Due-Bill Repo

A form of repurchase agreement (repo) in which the borrower of cash doesn't deliver out the collateral, but rather keeps...

Repo Rate

The annualized short-term interest rate at which the central bank lends money to commercial banks. In effect, repo rate represents...

Repo Premium

Repo premium may hold different meanings depending on context. In general, it denotes the additional amount a bank in a...

Repo Specialness

The specialness of a repo (repurchase agreement). It is the difference between interest earned on a security posted as a...

Specialness

The difference between interest earned on a security posted as a loan's collateral and the prevailing interest rate for loan...

Repo Interest

The return on a repo, i.e., the interest earned by the lender (repo buyer) in a repo transaction. It is...

Repo Return

The return on a repo, i.e., the interest earned by the lender (repo buyer) in a repo transaction. It is...

SC Rate

It stands for specific collateral rate; a repo rate that corresponds to specific collateral such as Treasury securities that are...