Repo Rate definition

Repo Rate on any day means the highest interest rate available to a Lender from investment in overnight repurchase agreements.

Repo Rate means the highest rate available to LAP from investments in overnight repurchase agreements.

Repo Rate on any day means the highest rate available to a Lender , directly or through the Funds’ Joint Trade Account, from investment in overnight repurchase agreements.

Examples of Repo Rate in a sentence

• No Loan may be made unless the Interest Rate is more favorable for the Lender than both the OTD Rate and the Repo Rate and more favorable for the Borrower than the Bank Loan Rate.

• No Loan may be made unless the Interest Rate is more favorable for the Lender than the Repo Rate and more favorable for the Borrower than the Bank Loan Rate.

• No Loan may be allocated to a Lender with respect to a Portfolio unless the Interest Rate is higher than the Repo Rate and, if applicable, the yield on LAP, and lower than the Bank Loan Rate.

• Input Yesterday's Repo Rate - the repo rate is the interest rate earned on the largest overnight repurchase agreement purchased by Evergreen Treasury Money Market Fund on the day prior to the initial borrowing.

• These advanced payments made by the agent (or its authorised representative) may attract an interest calculated at Repo Rate plus 21% per annum payable from the date of payment made of the advanced payments to the date of final payment thereof.

More Definitions of Repo Rate

Repo Rate means the repurchase rate published by the South African Reserve Bank from time to time;

Repo Rate indicates the reference rate, being the ruling South Africa Reserve Bank Repurchase Rate;

Repo Rate means the rate at which the Central Bank lends cash to the banking system, which is an indicator for short term interest rates.

Repo Rate means the rate at which the South African Reserve Bank lends money to private banks;

Repo Rate means the interest rate at which the South African Reserve Bank enters into a repurchase agreement contemplated in section 10(1)(j) of the South African Reserve Bank Act.

Repo Rate means on any particular day, the repurchase tender rate on that day quoted by the South African Reserve Bank;

Repo Rate means the rate at which the Central Bank lends cash to the banking