A repurchase agreement with no definite term. The agreement is made on a day-to-day basis, and either the borrower or the lender may choose to terminate. The rate paid is higher than on overnight repo and is subject to adjustment if rates move.
Found on
http://www.duke.edu/~charvey/Classes/wpg/bfgloso.htm
A repo with no definite term. The agreement is made on a day-to-day basis and either the borrower or the lender may choose to terminate. The rate paid is higher than on overnight repo and is subject to adjustment if rates move.
Found on
http://www.encyclo.co.uk/local/20047
A repurchase agreement with no definite term. The agreement is made on a day-to-day basis, and eithe
Found on
http://www.encyclo.co.uk/local/22402
No exact match found.
