How to enter a Repurchase Agreement (Repo)

Front Office > New Deal

1. Choose New deal - Repurchase
2. Select Legal entity and Counterpart
3. Select Type  ( Classic, Buy/Sell or Tri-Party)
4. Select if it is a buy (i.e. in) or a reversed repo (i.e. out)
5. If the maturity is within the record period and you will receive the coupon, the Include coupon check box should be ticked.
6. If the repo is connected to a Bond in your possession, select the relevant bond in the Bond definition. Some fields will then be prefilled. If the bond is not in your possession please fill in
   1. ISIN
   2. Coupon rate
   3. Coupon begin date
7. Fill in Currency, Amount 
8. FX Spot rate at value date is typically used when register a historical repo where you do not have a fx rate table in the system.
9. Enter the applicable Day count convention
10. Fill in the Deal, Begin and End date of the repo
11. The system will calculate the days for the repo and the accrued days from coupon begin date
12. Fill in the Start price or Yield and the amounts will be calculated
13. Enter the termination price and interest amount, termination amount and the Repurchase rate will be calculated.
14. Add relevant tags and have a look at the bank accounts so that they are correct and the press Save.