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Get to know what you should be aware of when deciding to buy a car, build a house, investing for your retirement and many other activities.
An agreement is reached when there is a commitment by the seller or dealer to buy a security from the purchaser or customer at a specified price at a specified future date. When this agreement is made from the customer’s perspective, it is referred to as a Reverse Repo. Commercial Bank assists in such transactions to facilitate trade.
An agreement between a seller and a purchaser
It is used as a hedge to offset price fluctuations
Provides liquidity and yield advantages
Liquidity – Reverse Repos provides you the ability to invest cash overnight, making them a critical component in the effort to manage liquidity.
Yield Advantage – Reverse Repos generally provides you with a yield advantage as compared to traditional overdraft facilities etc.
Corporate Bodies incorporated in Bangladesh which maintains a Savings or Current Account at Commercial Bank can purchase Reverse REPOs.
Please submit the documents mentioned under “Documents required”, to the nearest branch or to your Relationship Manager to obtain the Reverse REPO facility.
Once the approval is granted, you should forward the duly completed Master Repurchase Agreement and Board Resolution.
Upon receipt of the above mentioned documents you can enter into a Reverse Repurchase agreement after agreeing to an interest rate with the Treasury Dealers Department.
Please contact the Treasury Dealing Room on +8802 9896048, 9896049 or +8802 9896046, 9896310 if you wish to apply.
Terms & Conditions apply
Product information and terms & conditions are subject to change from time to time. Therefore, it is advisable to contact the branch nearest to you for the latest information and prevailing terms & conditions.