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Most repos are accounted for as loans.
They trade as loans, not as securities.
As loans were repaid, people were allowed to borrow more.
Delinquencies are defined as loans 30 days past due.
For accountants, the question is whether such deals should be recorded as loans or sales.
Mr. Ai has insisted on describing the money as loans that he will repay.
Second, Soviet assistance had been made available to China as loans, not grants.
"This should become clearer over the next few years as loans start to become due".
The owners would do repos on the bonds, and treat them as loans.
Normally, such transactions are accounted for as loans, as they should be.
These innovations do not count as conventional gifts or as loans.
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CEO of Professional Science Editing for Scientists @ prosciediting.com