Bilateral repurchase agreement
From ACT Wiki
(Bilateral repo).
A repurchase agreement (repo) between two parties.
The corporate investor in a bilateral repo is responsible for administrative processes including confirmation and settlement of the trade and the daily collateral management.
This arrangement differs from a tri-party repo, under which an agent acts as an intermediary between the two principal parties and deals with related administrative processes.
See also
- Collateral
- Haircut
- Repurchase agreement
- Reverse repurchase agreement
- Security
- Tri-party repurchase agreement
