Term repo

(redirected from Term Repos)

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 ?
In order to prevent excessively worsening of liquidity conditions, which would have impacted financing conditions, RBI undertook measures to inject liquidity through OMO purchase auctions, overnight repo, MSF and variable rate term repos.
0 percent of net demand and time liability (NDTL); and increase the liquidity provided through term repos of 7-day and 14-day tenor from 0.
It has also determined to offer additional liquidity via term repos of 7-day and 14-day tenor for a notified amount equivalent to 0.
Rs 19,001 crore has been borrowed by the banks from the Reserve Bank of India (RBI) in the first 7-day term repo auction held on 12th October,2013.
Together with an increase in the liquidity provided through escalation of term repos from 0.
The Bank is currently considering how it might be able to assist with this, given that the development of a term repo facility would be consistent with the Bank's aim to support the development of New Zealand capital markets.