Repurchase agreement (Repo) and Banker's acceptance (BA).

    

In addition to Treasury Bill (T-Bills) and Commercial Paper (CP), an instrument commonly used in financial markets is the Repurchase Agreement (Repo) and Banker's Acceptance (BA).Repurchase Agreement (Repo) is the buying and selling securities with the agreement that the seller will repurchase the securities sold on the date and at a price set in advance.

Banker's Acceptance (BA), is one of money market instruments that can be transferable. In principle, the BA provides an alternative to credit, especially when goods are shipped to be sent abroad.

a.BA provides an alternative to credit
b.Acceptance period usually ranges from 30 to 270 days, a period of 90 days where the most common
c.BA is a money market instruments are high quality and can be cashed
d.Used in export-import trade