Division 183 F1

‘ Repurchase agreements ’ ( ‘ repos ’ ) shall be transactions in which the institution receives cash in exchange for financial assets sold at a given price under a commitment to repurchase the same (or identical) assets at a fixed price on a specified future date. Transactions involving the temporary transfer of gold against cash collateral shall also be considered ‘ Repurchase agreements ’ ( ‘ repos ’ ). Amounts received by the institution in exchange for financial assets transferred to a third party ( ‘ temporary acquirer ’ ) shall be classified under ‘ repurchase agreements ’ where there is a commitment to reverse the operation and not merely an option to do so. Repurchase agreements shall also include repo-type operations which may include: