Definition: Securities repurchase agreement

Category: European System of Accounts (ESA)

Arrangement involving the provision of securities like debt securities or shares in exchange for cash or other means of payment,with a commitment to repurchase the same or similar securities at a fixed price. The commitment to repurchase may be either on a specified future date or an "open" maturity. http://ec.europa.eu/eurostat/product?code=KS-02-13-269&mode=view European Union, Regulation (EU) No 549/2013 of the European Parliament and of the Council of 21 May 2013 on the European system of national and regional accounts in the European Union, Official Journal of the European Union No L 174, 26.06.2013, p. 1 - 727