repurchase agreement

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Related to Repurchase agreements: repo rate, Reverse Repo, Reverse Repurchase Agreements

repurchase agreement

n.
A contract giving the seller of an asset the right or obligation to buy back the asset at a specified price on a given date.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

repurchase agreement

n
(Banking & Finance) an agreement in which a security or asset is sold and later repurchased at an agreed price to raise ready money. Sometimes shortened to: repo
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014

repur′chase agree`ment


n.
a deal to purchase securities between an investor and a bank, stipulating that the investor will sell back the bonds on a specified date, keeping the interest.
[1920–25]
Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.
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credit and $1.4B in European credit, $1.1B ADV in Chinese bonds representing a new monthly record, $8.5B ADV in credit derivatives, $213.1B ADV in repurchase agreements and ADV of $2.9B in U.S.
Pending such uses, the company may use a part of the net proceeds to temporarily lower borrowings under its repurchase agreements (excluding repurchase agreements secured by its CMBS portfolio).
ARI intends to use all or a portion of the net proceeds from the offering to acquire or originate the company's target assets, which include commercial first mortgage loans, subordinate financings, commercial mortgage backed securities ("CMBS") and other commercial real estate-related debt investments, and for working capital and other general corporate purposes, including the repayment of borrowings outstanding under the company's repurchase agreements (excluding repurchase agreements secured by the company's CMBS portfolio).
China's central bank injected cash into the inter-bank market last week through 14-day reverse repurchase agreements for three consecutive days, Xinhua has reported.
The assets that are excluded from the transaction consist primarily of rights related to Harvard Savings Bank's USD 18.1m investment in loan repurchase agreements managed by Pennant Management, Inc.
TOKYO, Feb 26 (KUNA) -- China's central bank pumped money into the markets through reverse repurchase agreements on Thursday to ease liquidity after last week's national holiday, the official Xinhua News Agency reported.
As treasurers look at their options, one lesser-known short-term investment is repurchase agreements. Banks and broker-dealers raise short-term funds by selling securities they hold and agreeing to buy back that collateral for the same amount plus interest at an agreed-upon date.
According to the bank's decision, the interest rate on overnight Deposit Window Facility will be decreased by 50 basis points to 2.75%, while the interest rate on Weekly/Other Repurchase Agreements will be decreased by 50 basis points to 3.0%.
Those advantages put repurchase agreements ahead of all other liabilities in bankruptcy proceedings.
Summary: Cairo: Egypt will offer 16 billion Egyptian pounds ($2.6 billion) of seven-day repurchase agreements, the ...
He also has a particular focus on master repurchase agreements.