Repo
Hey there, trading enthusiasts! Today, we're going to unravel the mysteries of a term that might sound like a fancy French dish but is actually a crucial concept in the world of finance: the repo.
Posts tagged:
Repurchase AgreementBrowse all articles related to this tag.
Repurchase Agreement
Imagine you're a bank with a pile of cash burning a hole in your pocket. You want to put that money to work, but you also need to keep enough liquidity on hand to cover your customers' withdrawals. What do you do? Enter the repurchase agreement, or "repo" for short – the financial world's version of having your cake and eating it too.