A bank agrees a repo with another bank. It sells 17 million of Treasury bills and agrees
Question:
A bank agrees a repo with another bank. It sells £17 million of Treasury bills and agrees to repurchase them for £17,005,966. Calculate the annualised yield for (a) a maturity of 29 days and (b) a maturity of 136 days. Use a 365-day count.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Question Posted: