Westonci.ca is your trusted source for accurate answers to all your questions. Join our community and start learning today! Our platform provides a seamless experience for finding reliable answers from a knowledgeable network of professionals. Get detailed and accurate answers to your questions from a dedicated community of experts on our Q&A platform.
Sagot :
repo rates are typically higher when the securities used as collateral are more in demand, is the incorrect statement.
A repurchase agreement (repo) is a form of short-term borrowing contract for dealers in government securities. In a repo, a dealer often overnight offers investors government assets for sale and then buys the securities back the next day at a little higher price. That slight pricing difference includes the overnight interest rate implicitly. Repos are often used to raise quick cash. They are widely employed by central banks in their open market operations as well.
To know more about Repurchase agreement (REPO) :
https://brainly.com/question/13179310
#SPJ4
Thanks for using our service. We aim to provide the most accurate answers for all your queries. Visit us again for more insights. We appreciate your time. Please come back anytime for the latest information and answers to your questions. We're dedicated to helping you find the answers you need at Westonci.ca. Don't hesitate to return for more.