repo

(redirected from Overnight Repos)
Also found in: Financial.
Related to Overnight Repos: Overnight Repurchase Agreement

re·po 1

 (rē′pō′)
n. pl. re·pos Informal
A repurchase agreement.

[Shortening and alteration of repurchase agreement.]

re·po 2

 (rē′pō′)
n. pl. re·pos Informal
1. Repossession of merchandise or property from a buyer who has defaulted on payment.
2. Repossessed merchandise or property.

repo

(ˈriːpəʊ)
n
1. (Law) repurchase agreement
2. (Law)
a. repossession of property
b. (as modifier): a repo car.

re•po1

(ˈri poʊ)

n., pl. -pos.
[1960–65; rep (urchase) + -o]

re•po2

(ˈri poʊ)

n., pl. -pos.
repossessed property.
[1970–75]
References in periodicals archive ?
At end-September 2014, the portfolio was 53 per cent invested in government bills and bonds and 37 per cent via overnight repos.
5 trillion in overnight repos, while the aggregate insured bank deposits in the United States were only twice as much.
For some investors, overnight repos serve as a secured alternative to bank deposits.
By moving from overnight repos to longer-term financing
He argues that the use of overnight repos and derivatives, the heart of the shadow banking system, was endogenous, as Ricks argues, but not simply because of the inability of the political system to precommit not to bail out short-term creditors.
Meanwhile the SNB will offer as much as USD 9B in a one-week repo today, and temporarily reduce the maximum amount it allots in the overnight repos to USD 7B from USD 10B.
These operations normally traffic in overnight repos and "long-term" 14-day repos designed to allow banks flexibility in short-term balance-sheet adjustments, and are the Fed's chief policy instrument for expanding or contracting the money supply.
10) The data on federal funds, overnight repos, and three-month T-bills were collected from the daily logs of the International Monetary Market (IMM) division of the Chicago Mercantile Exchange.
The Fed offers daily liquidity to banks in the form of overnight repos, so that the tightness of the money market underpins the announced target for the federal funds rate.