Happy valley bank borrows 125 million overnight through a
Question: Happy Valley Bank borrows $125 million overnight through a repurchase agreement (R2) collateralized by Treasury bills. The current RP rate is 3.65 percent. How much will the bank pay in interest cost due to this borrowing?
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question happy valley bank borrows 125 million overnight through a repurchase agreement r2 collateralized by treasury
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