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Open repo - Financial definition

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Translations:      FR  pension ouverte (n.f.) , repo ouvert (n.m.)     ES  repo abierto (n.m.)     DE  offenes Repo-Geschäft (n.n.) 

  Concise definition of the term open repo

A repo in which the term is not specified at the outset. An open repo agreement can be terminated at any time by either party giving notice.

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