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

Examples of Repo Rate in a sentence

  • Provided that the interest payable by the Borrower shall be subject to the changes in RBI Policy Repo Rate published by the RBI from time to time.

  • Whenever the Repo Rate increases or decreases or the formula in terms of the NCA changes, the interest rate payable by you will increase or decrease accordingly.

  • The effective rate of Interest on the loan outstanding will be charged at the rate of ……% (spread) above RBI’s Repo Rate which is ….

  • The Service Provider shall not intervene in any way in the legal and commercial relations and any disputes arising between the Account Holder and the User or between the Account Holder and the Platform or between the Account Holder and a Beneficiary.

  • The Project Company shall reimburse all costs incurred by Authority on account of such repair and maintenance along with interest calculated at the Repo Rate within 7 (seven) days of receipt of Authority’s claim therefore.


More Definitions of Repo 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 indicates the reference rate, being the ruling South Africa Reserve Bank Repurchase Rate;
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 of Trinidad and Tobago is prepared to provide overnight financing to commercial banks that are temporarily unable to meet their liquidity requirements. The Repo Rate is the principal instrument used by the Central Bank of Trinidad and Tobago to influence the structure of commercial banks’ interest rates.
Repo Rate means the interest rate (percent per annum) at which the South African Reserve Bank lends money to private banks;