Рубрика «Ace Cash Services»

What’s the repo market, and exactly why does it matter?

What’s the repo market, and exactly why does it matter? A repurchase contract (repo) is really a short-term guaranteed loan: one celebration sells securities to a different and agrees to repurchase those securities later on at a greater cost. The securities act as security. The essential difference between the securities’ initial cost and their repurchase …