Daisy
2024-08-11 23:28mock有個(gè)題目是repo和serurity lending的區(qū)別,請(qǐng)問(wèn)怎么又簡(jiǎn)短的句子描述呢?
所屬:CFA Level III > Fixed-Income Portfolio Management 視頻位置 相關(guān)試題
來(lái)源: 視頻位置 相關(guān)試題
1個(gè)回答
Simon助教
2024-08-12 15:54
該回答已被題主采納
同學(xué),上午好。
Difference 2 可以這樣寫:
The main purpose of a repo is short-term borrowing.
The main purpose of securities lending is to short sales
然后 difference 1是把過(guò)程描述了一遍,所以,可以說(shuō)the process is differenct
under a repo agreement,a security owner sells a security for a specific price,and buy back in a higher price later。
For securities lending, the borrower pays lender cash collateral and a fee for securities
