Each cash investor has a "rule set" governing the portfolio of collateral that is acceptable under its repo agreement
Also assume that if only one of the two investors agrees to a repo, then the dealer stops operations and the investor that entered the repo agreement
experiences a loss equal to [z.
The ratings on the notes issued by Cygnus Finance will, therefore, continue to reflect the credit quality of the reference credits, the level of credit enhancement provided by subordination and excess spread, and KBC Bank's ability to meet its payment obligations as counterparty under the credit default swap and repo agreement
Monies not utilized under the repo agreement
are invested in permitted investments.
The fund pursues its investment objective by investing in high-quality money market instruments and short-term debt including time deposits, certificates of deposit, sovereign bonds and notes, and repo agreements
Federal Reserve has been more expansionary by buying government bonds and leaving them on its balance sheet, whereas the European Central Bank injects base money through repo agreements
that continually expire.
government and corporate Repo Agreements
, and their respective sponsor positions, providing deeper institutional investment intelligence for the corporate treasury sector.
Following the injection of RMB 290B into the financial system using reverse repo agreements
yesterday, the PBOC announced that it would inject an additional RMB 180B through 14- and 28-day reverse repurchase agreements on Thursday.
The MPC at its meeting on Thursday said the initial seven-day repo agreements
would be priced at 9.
Since Repo 105 was a more expensive source of financing compared to ordinary repo agreements
, its usage was timed around the end of reporting periods.
Core funding of the institution comes from a diverse base of retail and corporate clients rather than repo agreements
or other wholesale funding.
First, the number of decimals in the forward rate was changed from three to six in November 1997, which made it possible to enter into repo agreements
for very short periods.