Onside leg: Difference between revisions
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imported>Doug Williamson (Create page. Source: UK Money Markets Code April 2017: http://www.bankofengland.co.uk/markets/Documents/money/code/ukmoneymarketscode.pdf) |
imported>Doug Williamson (Classify page.) |
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''Repurchase agreements'' | ''Repurchase agreements''. | ||
A securities repurchase agreement ('repo') involves a pair of trades with the same counterparty in the same security. | A securities repurchase agreement ('repo') involves a pair of trades with the same counterparty in the same security. | ||
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[http://www.treasurers.org/repos ACT briefing note: Practical steps to investing in Repos ] | ==Other resource== | ||
*[http://www.treasurers.org/repos ACT briefing note: Practical steps to investing in Repos ] | |||
[[Category:Financial_products_and_markets]] | |||
Latest revision as of 21:02, 1 July 2022
Repurchase agreements.
A securities repurchase agreement ('repo') involves a pair of trades with the same counterparty in the same security.
The second trade reverses the initial sale and purchase, but at a later date and different price.
The first leg is the first trade in the repo.
It is also known as the opening, starting, near, or first leg.
See also
