Repo: related pages

Gilts

British government bonds. A very wide range of gilts are in issue at any given time.

Haircut

The percentage deducted from the value of a security (usually debt) to determine the maximum amount against which it can be used as collateral.

Money supply

The amount of money in an economy: physical cash and various types of bank and non-bank deposits depending on the exact definition.

M3

A broad measure of money supply.

M4

The UK's main broad measure of money supply.

Repo rate

The price gain between the two trades in a repo transaction, expressed as an annualised percentage.