7/11/2023 0 Comments Irepo xThe yield on this repo to the bank is calculated as follows What is the yield of the repo if it has a 7-ĭay maturity? Will it be any different if its maturity is 21 days?Īnswer: a. In this case the latter is theĬorrespondent bank and the security has been priced at 24,950,000, with a promise toīuy them back at the price of 25,000,000. Treasury securities from Maxi Peddy Citi Bank. Penny Powers Bank enters a repurchase agreement in which it agrees to buy The current price of the security is 9,875.
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