Chapter 5 - Money Markets

Brokerin turnborrowfundsfromabankandtorepay

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Unformatted text preview: turity of less than six months 5. 6. 6. ► ► ► ► Repurchase Agreements (Repos) Short­term sales of government securities with an agreement t repurchase the securities at a higher price The securities serve as collateral for the loan Repurchase...
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This document was uploaded on 03/14/2014.

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