Search: repo
RBA Glossary definition for repo
repo – Repurchase agreement. The vehicle whereby most Reserve Bank of Australia (RBA) domestic market operations are conducted. Repurchase agreements (usually called 'repos') involve the sale or purchase of securities with an undertaking to reverse the transaction at an agreed date in the future and at an agreed price. Repos provide flexibility in that they allow the RBA to inject liquidity on one day and withdraw it on another with a single transaction.
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The Provision of Systemic Liquidity Services by the Public Sector
27 Oct 2008
RDP
2008-06
At the same time, the RBA increased its holdings of bank-issued paper held under repo. ... exposure to a troubled institution, even by way of a well-secured repo.
https://www.rba.gov.au/publications/rdp/2008/2008-06/pro-systemic.html
An Increase in Holdings of Liquid Assets
27 Oct 2008
RDP
2008-06
This has substantially increased the stock of securities that the RBA will accept under repo in its market operations. ... the fact that in the normal course of operations, banks are not able to sell their own or related securities to the RBA under repo.
https://www.rba.gov.au/publications/rdp/2008/2008-06/inc-holdings.html
Policy Discussion
27 Oct 2008
RDP
2008-06
We also see a strong case for the central bank being prepared to purchase a wide range of third-party assets under repo. ... the case for the central bank buying the asset under repo.
https://www.rba.gov.au/publications/rdp/2008/2008-06/policy-discussion.html