Wholesale Money Markets: Repos and Eurodollars

Tweet Repo Market Repo (someone calls it RP) is an overnight collateralized loan, organized as a simultaneous sale and repurchase of a security. The person A, who borrowing money, is selling a security (say, treasure bill) to somebody B today and promising to buy it back tomorrow. Repo is collateralized in a sense on both … Continue reading Wholesale Money Markets: Repos and Eurodollars