Repurchase agreements

Repurchase Agreements (Repos) - Short Notes:

1. Definition: A repurchase agreement, commonly known as a repo, is a financial transaction where one party sells securities to another party with a promise to repurchase them at a later date, typically at a higher price.

2. Parties Involved: There are two main parties in a repo: the seller, often referred to as the "borrower" or "repo seller," and the buyer, often referred to _______ _________ ________ ______ ________ _________ ______.
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