Repurchasing agreement deals

Repurchasing agreement deal (REPO) represents asset sale and repurchase transaction.

REPO deals are an efficient instrument to get additional income from assets’ placement and for replenishment of current assets.

DOHOD Investment Company provides REPO deals at the MICEX and off-board market.

In the exchange market, deals are concluded by the client’s order. In the off-board market, deals are concluded on the repurchase agreement basis.

Exchange market REPO deals are concluded in the real-time mode in the MICEX Stock Market Section in the "negotiated deals mode".

Participants of trades at the MICEX lend to each other funds or securities against a credit applying the mechanism of REPO deals. The transaction can be concluded within a trading day and for longer terms (by parties’ agreement). REPO deals are used on a temporary basis to provide customer with securities and to increase funds.

Off-board market REPO deals are concluded on the repurchase agreement basis. Terms, period and interest rates on REPO deals are agreed by the parties of the transaction.

Also off-board market REPO deals are applied by the Company for carrying forward of customers’ short positions emerged at the marginal trading.

We execute customer’s order for REPO transaction if the following conditions are fulfilled:

• Availability of the corresponding counter offer to conclude REPO transaction in the exchange or off-board market
• Customer possesses the required volume of funds in the Company’s brokerage account or the required number of securities in his securities ownership account at the Company’s depositary for providing transaction

You can get more detailed information on the mechanism of concluding, terms, period and interest rates of REPO transactions from our specialists.

Tel. +7 [ 812 ]  635 68 65
E-mail: kl_otd@dohod.ru