Repurchase agreements having maturity of one week or lesser have denominations of

Solution (By Examveda Team)

Repurchase agreements having maturity of one week or lesser have denominations of $25 million or more. A repurchase agreement (repo) is a form of short-term borrowing for dealers in government securities. In the case of a repo, a dealer sells government securities to investors, usually on an overnight basis, and buys them back the following day.