Tag: repo

Sale and Repurchase Agreement (SRA)

What is 'Sale and Repurchase Agreement - SRA' An open market operation, implemented by the central Bank of Canada, that is designed...

Canadian Derivatives Clearing Corporation (CDCC)

What is 'Canadian Derivatives Clearing Corporation - CDCC' The central clearing counterparty for exchange-traded derivative products, such as options and futures, in...

Canadian Overnight Money Market Rate

What is 'Canadian Overnight Money Market Rate' A measure or estimate of the rate at which major dealers are able to arrange...

Callable Security

What is 'Callable Security' A security with an embedded call provision that allows the issuer to repurchase or redeem the security by...

Fixed Interest Rate Loan

Definition A fixed interest rate loan is a loan where the interest rate doesn't fluctuate during the fixed rate period of the loan. This allows...

General Collateral Financing Trades (GCF)

What is 'General Collateral Financing Trades - GCF' A type of repurchase agreement which is executed without the designation of specific securities...

Gen-Saki

What is 'Gen-Saki' A secondary market in Japan, also known as a repo market for its similarity to repurchase agreements. It is...

Dealer Market

What is a 'Dealer Market' A financial market mechanism wherein multiple dealers post prices at which they will buy or sell a...

Unchanged

What is 'Unchanged' A situation in which the price or rate of a security does not change between two periods. This can...

Undersubscribed

What is 'Undersubscribed' A situation in which the demand for an initial public offering of securities is less than the number of...

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