Repurchase agreements|
| Issue description in [English] | [French] | [Russian] | [Spanish] | | | A repurchase agreement (repo) involves the sale of securities or other assets with a
commitment to repurchase equivalent assets at a specified price. The market for repos has
evolved since the SNA guidelines were prepared; in particular, contrary to what the 1993
SNA suggests, the right to on-selling has become almost universal. The treatment of repos in
1993 SNA and the Balance of Payments Manual, fifth edition, is similar to that of a
collateralized loan or as other deposits if repos involve liabilities classified under national
measures of broad money. Should the 1993 SNA treatment be revised? |
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| AEG papers: | Posted on 2005-08-15 |  |  | Results of the AEG e-discussion on Reverse transactions | | | Posted on 2005-08-15 | | | Reverse transactions | | | Posted on 2004-12-22 | | | Repurchase agreements, securities lending, gold swaps and gold loans | | | | AEG summaries: | Posted on 2005-09-30 | | | Reverse transactions |
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| Number of AEG recommendations: | 1 | | Number of country comments: | 29 | | Number of expert comments: | none |
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