overnight repo

(redirected from Overnight Repos)
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Related to Overnight Repos: Overnight Repurchase Agreement

Overnight repo

A repurchase agreement with a term of one day.

Overnight Repo

A practice in which a bank or other financial institution buys securities with the proviso that the seller repurchase the same securities the following day. Financial institutions do this in order to raise short-term capital. See also: Overnight loan.

overnight repo

A repurchase agreement in which securities are sold provided that they will be repurchased on the following day. Financial institutions use overnight repos as a means of raising short-term money for financing inventories.
References in periodicals archive ?
Combine the overnight repo market with the collateralized portion of the derivatives markets and we have a financial market bigger than the FDIC-insured banking system.
That would bring the shadow banking system back within the regulated system, extending deposit insurance to overnight repo and money market mutual funds.
Fannie Mar and Freddie Mac were not legally backed by the government, nor were money market funds, nor overnight repo.
We follow federal funds with tests on overnight repos, and we conclude with tests on overnight LIBOR.
Second, the rate pressure should be greater in overnight repo rates than overnight LIBOR because of the timing of the two markets: The brokered repo market is active during the afternoon in the United States, while the London LIBOR-based Eurocurrency market is closed.
The Riksbank supplies liquidity in the form of one-week repos once a week, and in the form of overnight repos at the end of each day.
In addition, if there has not been sufficient bidding early in the day, the Bank of England may offer overnight repos twice towards the end of the day at rates 100-150 basis points higher than the key rate.
In 2004, the New York Fed's Trading Desk arranged 192 overnight repos, with an average size of $5.
MMF liquidity, however, is in the form of overnight repos collateralized by U.
MMFs, making the use of overnight repos increasingly important.
The instruments included in the Fiduciary Rate Broker suite include: Certificates of Deposit, Bankers Acceptances, Overnight Repos, Commercial Paper, Time Deposits, IRA's, Consumer and Business Loans and other loan or investment offerings.