Open Repo

Open Repo
Repurchase agreement that has no fixed end date. The understanding is renewed every day with both borrower and lender having the option to exit the transaction when they choose. Typically, the rate is adjusted to match prevailing rates and is also higher than that paid on overnight repos.

Random Finance Terms for the Letter O

  • Open Position
  • Open Repo
  • Open-End Fund
  • Open End Lease
  • Open-End Mortgage
  • Open-Market Operation
  • Open-Market Purchase Operation
  • Open-Outcry
  • Opening, The
  • Opening Bell