A repo is a sale of a quantity of an asset and a simultaneous agreement to repurchase the same quantity of an equivalent asset at a future date or on demand for the original value plus a return on the use of cash.
ELIGIBLE COUNTERPARTIES
BOG
Banks and SDIs
Securities Dealers
Corporates with knowledge and sophistication to appreciate the risk of repo market
HNWI with knowledge and sophistication to appreciate the risk of repo market