PNB MetLife Territory Manager Interview Questions and Answers

Reverse repo is a financial transaction where a party sells securities to another party with an agreement to buy them back at a later date.

• Reverse repo is a short-term borrowing transaction in which the seller of securities agrees to buy them back at a higher price.

• It is the opposite of a repo transaction, where the buyer of securities agrees to sell them back at a later date.

• Reverse repo is often used by central banks...read more