repo rate

Repo Rate

The interest rate at which the central bank in a country repurchases government securities (such as Treasury securities) from commercial banks. The central bank raises the repo rate when it wishes to reduce the money supply in the short term, while it lowers the rate when it wishes to increase the money supply and stimulate growth.

repo rate

The rate of interest (annualized) on a repurchase agreement.
References in periodicals archive ?
Summary: New Delhi [India], Feb 7 (ANI): Chief Economist HDFC Bank, Abheek Barua on Wednesday said the decision for the Reserve Bank of India (RBI) to keep the he repo rate and reverse repo rate unchanged at 6 percent and 5.
The Saudi Arabian Monetary Authority raised its reverse repo rate to 1.
Hikes reverse repo rate but leaves repo rate unchanged to reduce gap
Summary: The Central Bank left the one-week repo rate at 8.
Abstract: This paper presents the empirical results of the volatility transmission of money market overnight repo rate along the yield curve in Pakistan.
Till a fortnight ago, banks were reluctant to bring down interest rates despite the 50 basis points (bps) cut in the repo rate since January.
5% to 7%, while the lombard repo rate was left unchanged at 10%.
KARACHI -- THE State Bank of Pakistan has linked the minimum return on bank deposits with its repo rate and set it at 50 basis points below the repo rate, effective from October 1.
96% in March 2013, giving the Reserve Bank of India (RBI) leeway to reduce the repo rate by 25 basis points (bps) to 7.
In line with the South African Reserve Bank's decision to leave the repo rate unchanged at 5% earlier this month, the Bank of Namibia this week also kept the local repo rate unchanged at 5.
It also noted other interest rates will be adjusted in accordance with the change in the repo rate.
25% in the repo rate (from 8%), and a similar cut in CRR (cash reserve ratio) which will allow the banks to possess more funds for the purpose of lending to home buyers.