FICC Proposes Repo Interest to Protect Against Volatility
Fixed Income Clearing Corporation's Proposal explains that repo interest is the greater amount paid at the end of the transaction when the repo security is sold back to the initial seller, compared to the amount paid to the seller of the security by the buyer at inception.
United States Robertz Aliber Charlesp Kindelberger Us Congress International Monetary Fund Income Clearing Corporation
Source: natlawreview.com