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Term Repo
(redirected from Term Repurchase Agreements)

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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.


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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.
Of this amount, $500 million were longer term repurchase agreements with an estimated average term of 22 months.
 
 
 
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