Repurchase Agreements – Benefits, Risks and ControlsRepurchase Agreement • October 6th, 2008
Contract Type FiledOctober 6th, 2008A repurchase agreement (repo) is an agreement between two parties whereby one party sells the other a security at a specified price with a commitment to buy the security back at a fixed time and price. Maturities can vary from overnight to a year, with the longer-maturity repos commonly referred to as “term” repos.