Repurchase Agreements (Repo)

Repurchase Agreements (Repo) are a short-term arrangement to sell securities at a specific price with a commitment to buy it on a predetermined date at a fixed price. From the securities buyer’s viewpoint this agreement is called as a Reverse Repo. Repos and Reverse Repos are used for short-term borrowing and lending, often overnight.

Fast moving and versatile, these agreements are perfect for secured short-term borrowing and lending at very competitive rates. These short term instruments spanning from overnight to one year are backed by gilt-edged collateral.