what is reverse repo?

Question

what is reverse repo?

solved 0
Ahmed Ragab 2 months 2021-06-17T19:18:22+00:00 1 Answer 13 views 0

Answer ( 1 )

    0
    2021-06-17T19:18:53+00:00

    A reverse repurchase agreement, or “reverserepo, is the purchase of securities with the agreement to sell them at a higher price at a specific future date. Repos are classified as a money-market instrument, and they are usually used to raise short-term capital.

    Best answer
    Cancel the best answer

Leave an answer