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

Examples of Repo Rate in a sentence

• 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.

• 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.

• If the Repo Transaction’s Contract Repo Rate is less than its System Repo Rate, then the GCF Interest Rate Mark shall be a positive value for the Repo Party, and a negative value for the Reverse Repo Party.

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

Repo Rate means the interest rate (percent per annum) at which the South African Reserve Bank lends money to private banks;

Repo Rate means the per annum percentage rate to be used in calculating the Repurchase Price. The Repo Rate will be specified by the CBOB in an official communication.