NPBI and Reverse leg: Difference between pages
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'' | ''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 reverse leg is the second trade in the repo. | |||
It is also known as the closing, off, far, or second leg. | |||
== See also == | == See also == | ||
* [[ | * [[Far leg]] | ||
* [[ | * [[Opening leg]] | ||
* [[ | * [[Repo rate]] | ||
* [[ | * [[Repurchase agreement]] | ||
== | ==Other resource== | ||
*[ | *[http://www.treasurers.org/repos ACT briefing note: Practical steps to investing in Repos ] | ||
[[Category:Financial_products_and_markets]] | [[Category:Financial_products_and_markets]] | ||
Latest revision as of 08:38, 2 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 reverse leg is the second trade in the repo.
It is also known as the closing, off, far, or second leg.
See also
