Repo agreements allow short-term borrowing using securities as collateral. Overnight repos dominate the market, providing quick liquidity. The Fed uses repos to adjust bank reserves and stabilize ...
Community driven content discussing all aspects of software development from DevOps to design patterns. The key to GitHub-based DevOps is the Git repository around which every operation is based.
ASRs allow companies to rapidly buy back large stock quantities, typically during undervalued periods. Payment is made upfront in ASRs, and the repurchase is facilitated by investment banks. This ...
When companies need to raise immediate cash but don't want to sell their long-term securities, they can enter a repurchase agreement. Such agreements are common among large banks and other large ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Before Christmas, our friends at Unhedged asked how leveraged the financial system is today. The reality is ...