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===And a ''reverse'' | ===And a ''reverse'' Repo is?=== | ||
A | A “[[Reverse Repurchase Transaction - GMRA Provision|reverse Repo]]” is just a [[repo]] viewed from the {{gmraprov|Buyer}}’s and not the {{gmraprov|Seller}}’s perspective. {{gmraprov|Buyer}} gets in cash, sells bonds; later, buys bonds, givers back cash. | ||
You don’t hear much talk about a | You don’t hear much talk about a “reverse [[Buy/Sell Back Transaction - GMRA Provision|Buy/Sell Back Transaction]]”, but probably only because this sounds, on its face, idiotic, rather than merely idiotic if you spend the idlest moment thinking about it and the one thing we know [[Salespeople|financial services professionals]] like less than idly thinking about things is looking idiotic without having, even idly, to think about things. |