Common use of Fixed Rate and Term Repurchase Agreement Clause in Contracts

Fixed Rate and Term Repurchase Agreement. A fixed rate and term repurchase agreement has a fixed rate and an established maturity date. The initiation message should suffice to settle the opening and closing exchange of securities collateral and cash. No further messages are required to close out this type of agreement.

Appears in 6 contracts

Samples: Repurchase Agreement (Repo) Settlement Market Practice, Repurchase Agreement, Repurchase Agreement (Repo) Settlement Market Practice

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Fixed Rate and Term Repurchase Agreement. β€Œ A fixed rate and term repurchase agreement has a fixed rate and an established maturity date. The initiation message should suffice to settle the opening and closing exchange of securities collateral and cash. No further messages are required to close out this type of agreement.

Appears in 1 contract

Samples: Repurchase Agreement (Repo) Settlement Market Practice

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