Term repo

(redirected from Term Repurchase Agreements)

Term repo

A repurchase agreement with a term of more than one day.

Term Repo

A practice in which a bank or other financial institution buys securities with the proviso that the seller repurchases the same securities for an agreed-upon price on a certain day more than one day after the establishment of the agreement. Investors and financial institutions do this in order to raise short-term capital. A term repo differs from other types of repo because the term is more than one day.
References in periodicals archive ?
MFA intends to finance these acquisitions with certain longer term repurchase agreements.
The fund has the ability to enter into overnight and term repurchase agreements backed by a variety of collateral.
BMO Prime Money Market Fund has the ability to enter into overnight and term repurchase agreements backed by U.
2 billion in ALM liabilities consists of medium-term notes (MTNs) issued by MBIA Global Funding, LLC, term repurchase agreements and GICs that are not subject to further collateralization or termination provisions upon a downgrade.
0 million of term repurchase agreements to better position the overall interest rate risk profile, partially offset by an increase associated with the loan securitization previously discussed and an increase in the trading portfolio.
0 million of term repurchase agreements in the first quarter of 2006 to better position its overall interest rate risk, and simultaneously recognized a pre-tax loss of $2.