The Fed has been conducting limited tests of “reverse repos” in recent months.

近几个月来，美联储在开展“逆回购”的试验，但次数不多。

youdao

These are mutually exclusive. That is, you can't run REFRESH CLUSTER(*) REPOS(YES) on a full repository.

这两个命令是相互排斥的，即您不能在完整储存库上运行 REFRESH CLUSTER(*) REPOS(YES)。

youdao

Bankers said repo 105 was an unusual move as it was more costly than traditional repos - where a bank pledges collateral to another in exchange for cash and promises to return the funds with interest.

银行家们表示，“回购105”是一种不同寻常的举动，因为它比传统的回购操作代价更高。回购是指一家银行以证券为质押，从另一家银行借得现金，并承诺连本带息返还这些资金。

youdao

And those were the real repos, not including the phony repos used to hide debt.

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If Annaly couldn't replace maturing repos, it could be forced to liquidate assets.

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Repos increase bank interconnectedness, the thinking goes, because the same securities end up being used as collateral by multiple institutions.

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