ContractReciprocal Purchase Agreement • July 15th, 2022
Contract Type FiledJuly 15th, 2022[15.01] A reciprocal purchase agreement (REPO) involves an agreement for the sale by one entity (A) to another entity (B) of securities having agreed features entered into at the same time and related to another agreement for the sale by B to A of securities having the same features. The second transaction is settled on a day after the first transaction is settled.