Your English writing platform
Discover LudwigExact(2)
Then the bank quickly repurchased them — hence the term "repo".
Under one cost-sharing agreement, they said, head office sold Puerto Rico certain rights then repurchased them straight afterwards for a lot more, a money manoeuvre that saved the group $4 billion in tax over three years.
Similar(58)
The banks are requesting that the firms that sold the securities repurchase them.
The borrower "sells" securities for cash and agrees to repurchase them at a set price in a brief period.
More than one-third trade above the price at which the issuers may repurchase them (see chart).
A short-seller sells shares in a company that he does not own, hoping to repurchase them later at a lower price.
The first involves reverse repurchase agreements, in which the Fed would sell securities from its portfolio with an agreement to repurchase them at a later date. 1 2 Next Page ».
Under the settlement, title passed to the insurers, though the Tate had first option to repurchase them if they were recovered.
That is because such companies, by increasing the supply of their stocks, are doing just the opposite of those that repurchase them.
Both UBS and Citigroup will take charges tied to the repurchase of the securities because they will be forced to price them at their current market value and not at the par value being paid to repurchase them.
In other words, whenever the BOJ offloads its bonds (whether it sells them outright, or doesn't repurchase them when they mature, it makes no difference), the private sector will have to absorb the surplus.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com