Repurchase Agreements (REPO)

Managing your cash surpluses

• A repurchase agreement or Repo is an agreement of a simultaneous sale and purchase of security. Repurchase agreements should be backed by security, generally Treasuries.
• Repo deposits are a money market instrument and could be of varied tenures. Hence this sort of instrument is widely used to invest short term and medium term funds.
• The amount invested is not restricted and will be up to the discretion of the customers involved (for operational reasons HSBC has a minimum of LKR 1 million).
• Interest is paid on maturity.

Contact Points

For further information on Repos, please contact the HSBC Dealing Team on 2421697.