Template:Repo - FWMD

Top Trumps^®Financial Weapons of Mass Destruction^®

Repo

“Let’s go get sushi and not pay!”

Docs	Global Master Repurchase Agreement and Master Repurchase Agreement. Vague where it needs to be and not heavily negotiated.	3
Amendability	Bilateral, so yes, in theory — but would you, unless MiFID changed and you had to? No.	2
Collateral	Yes. Generally cash.	0
Transferability		0
Leverage	Fully cash collateralised, so nope.	0
Fright-o-meter	Sorry: not going to get hearts racing. You can’t even short with them.	1