SWAPS Why short-term Swaps exist (cont.) 1. Safety: Example
{"Image DocumentName": "SWAPS Why short-term Swaps exist? (cont.) 1. Safety: Example", "Image ImageDescription": "Repurchase order (repo): an investor in need of short-term financing. sells low-risk assets (like T-bills) to a lender, and buys them back. under a short-term forward contract. Low-risk loan \ufb01 low bid-ask spread ( haircut )", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}