Open Repo
A repo without a fixed maturity date, typically terminable under agreed notice or daily rollover mechanics.
Market use
Terms can reset according to documentation and market practice.
What it means
A repo without a fixed maturity date, typically terminable under agreed notice or daily rollover mechanics.
Example
It differs from a term repo with a specified repurchase date.
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 Conventions
BondStats reference content is independently written. Mathematical relationships, abbreviations and market conventions are presented for educational and analytical use.