Repo definition

Repo means a securities repurchase or resale agreement or reverse repurchase or resale agreement, a securities lending or rental agreement or any agreement relating to securities which is similar in effect to any of the foregoing and for the purposes of this definition, the term "securities" means any capital stock, share, debenture or other debt or equity instrument, or derivative thereof, whether issued by any public or private company, any government or Agency or instrumentality thereof or any supranational, international or multinational organisation.

Repo means an instrument for borrowing funds by selling securities with an agreement to repurchase the securities on a mutually agreed future date at an agreed price which includes interest for the funds borrowed;

Repo means an instrument for borrowing funds by selling securities of the Central Government or a State Government or of such securities of a local authority as may be specified in this behalf by the Central Government or foreign securities, with an agreement to repurchase the said securities on a mutually agreed future date at an agreed price which includes interest for the funds borrowed;

Examples of Repo in a sentence

• When interest rates in the market rise, the value of a portfolio of money market instruments can be expected to decline.Risks associated with investing in Tri Party Repo through CCIL (TREPS):The mutual fund shall obtain membership of securities segment and Tri-party Repo trade settlement of the Clearing Corporation of India (CCIL).

• For this purpose, ‘liquid assets’ shall include Cash, Government Securities, T-bills and Repo on Government Securities.

• Part 2 of the CCLF test will involve executing and settling an overnight CCLF Redistribution Repo between FICC and a Netting Member/Clearing Member.

• All transactions of the mutual fund in government securities and in Tri-party Repo trades are settled centrally through the infra- structure and settlement systems provided by CCIL; thus, reducing the settlement and counterparty risks considerably for transactions in the said segments.CCIL maintains prefunded resources in all the clearing segments to cover potential losses arising from the default member.

• Cash Equivalent shall consist of the following securities having residual maturity of less than 91 days:a) Government Securitiesb) T-Bills andc) Repo on Government securities.The Scheme may participate in Credit Default Swap (CDS) transactions in line with the guidelines issued by SEBI / RBI from time to time.

More Definitions of Repo

Repo means a securities repurchase or resale agreement or reverse repurchase or resale agreement, a securities lending or rental agreement or any agreement relating to securities which is similar in effect to any of the foregoing and for the purposes;

Repo means sale of Government Securities with simultaneous agreement to repurchase them at a later date. ‘Reverse Repo’ means purchase of Government Securities with simultaneous agreement to resell them at a later date.

Repo means the duration of conditional transactions expressed in days, calculated as the difference between the closing transaction clearing date and the opening transaction clearing date,

Repo means an instrument for borrowing funds by selling securities with an agreement to repurchase, for the purpose of these Bye laws Rules and Regulations, the securities on a mutually agreed future date at an agreed price which includes interest for the funds borrowed.

Repo means a legally binding transaction in which one party (the borrower or repo seller) temporarily transfers ownership of securities to another party (the repo buyer), and where

Repo has the meaning given to such term in the definition of Eligible Precious Metals.

Repo means a sale and repurchase transaction;