Sentences with phrase «repo against a security»

Not exact matches

But mostly what we do is actually something called a repo, which is we lend or borrow money from the banking system against collateral (normally a government security), but also bank paper as well.

When an open position in an SF Repo has matured and the Reserve Bank has agreed to contract a new SF Repo against the same security for settlement on the same day, the Reserve Bank may permit the cash and security movements in the two transactions to be netted for the purposes of settlement.

Within the Austraclear system, eligible counterparties for SF Repos are able to unilaterally execute such repos against Australian Government Securities and semi-government securiRepos are able to unilaterally execute such repos against Australian Government Securities and semi-government securirepos against Australian Government Securities and semi-government sSecurities and semi-government securitiessecurities.

By financing securities short term through the repo market, those financing securities left themselves open to the risk that lending terms change against them.