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Open-Ended Repo

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

Overnight Repo

A repurchase agreement (repo) which matures after one day of entering into it. In other words, the term of an...

Hold-In-Custody Repo

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

HIC Repo

An abbreviation for hold-in-custody repo; a form of repurchase agreement (repo) in which the borrower of cash doesn't deliver out...

GC Security

It stands for general collateral security; broadly, it is a category of collateralized securities (known as eligible collateral) with identical...

General Collateral Security

Broadly, it is a category of collateralized securities (known as eligible collateral) with identical credit quality, and as a result...

SC Security

It stands for special collateral security; a specifically determined and specified collateral security in a repo transaction. In this transaction,...

Special Collateral Security

A specifically determined and specified collateral security in a repo transaction. In this transaction, the underlying security/ issue is well...

Fixed-Income Repo

A type of repo in which the underlying security is a fixed-income instrument (such as government or corporate bonds), as...

Equity Repo

Unlike classic repo transactions where the underlying security is in the form of government or corporate bonds, equity repos are...