Repo rate of interest

Repo rate of interest

the INTEREST RATE charged by the BANK OF ENGLAND on TREASURY BILLS to buyers (mainly the DISCOUNT MARKET houses) when they repurchase new bills to replace maturing bills. See MONETARY POLICY COMMITTEE.
Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson

Repo rate of interest

the INTEREST RATE charged by the BANK OF ENGLAND on TREASURY BILLS to buyers (mainly the DISCOUNT MARKET houses) when they repurchase new bills to replace maturing bills. See MONETARY POLICY COMMITTEE.
Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005