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What is a repo?

Repos: The Quiet Engine of Global Finance

Investment / By

Picture this: it’s just before dawn on a trading floor in Lagos, London, or New York. Markets haven’t opened yet, but money is already in motion. A banker is finalising a transaction that won’t make headlines but will quietly underpin trillions of dollars in global finance today. That transaction? A Repurchase Agreement, or Repo. Although …

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