In addition to classic repo trades executed on a bilateral basis, a range of options exist as to 1) how repo trades can be executed, and/or 2) the method of administering the operational aspects of a repo trade following trade execution.
Within this chapter, the following options are described:
Another form of repo (beside classic repo) are buy/sell backs (BSB) which may be documented (as per a classic repo) or undocumented. Undocumented BSBs are described in this part of the book.
Fundamental differences between classic repos and undocumented BSBs are that:
The motivation for undertaking BSB trades is usually the same as for ...