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Repurchase (REPO) deals are means of finance management. You
have shares or Government securities and do not want to sell them, but you
need money immediately? In such cases you may conclude a repurchase
deal agreement with the bank under which you undertake to sell securities to the
bank on the conclusion date and repurchase them at the agreed price on the date
agreed. You will receive funds for the agreed interest rate for the repurchase
deal period, while the bank holds your securities. |
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How to do it?
For conclusion of a REPO deal, please contact
the nearest bank branch office. After the bank's evaluation
of your securities a repurchase deal contract will be concluded.
Fees
You will have to pay agreed annual interest for the money borrowed for
the REPO deal term. |