REPO & FUNDING
Repo Interest
Calculates simple interest on a repo cash leg.
Formula
Interest = Cash × Repo rate × days/basis
Variables: Cash principal; repo rate; days; day-count basis
What it means
Calculates simple interest on a repo cash leg.
Example
10m cash at 5% for 7 days on ACT/360 produces about 9,722 of repo interest.
How to interpret it
This concept should be read together with its market convention, measurement horizon and underlying instrument. BondStats presents it as an analytical reference rather than investment advice; instrument documentation and primary market rules remain authoritative.
Related Formulas
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