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MONEY MARKET :: Repurchase Agreement
Are your investments keeping you from sleeping at night? Then it's time to learn about one of the safer alternatives in the market place. Repurchase Agreements are short term, liquid investments, available in different currencies, for various tenures, at competitive rates of return.
Repurchase Agreements provide you with the added comfort, of knowing that you are able to invest in an instrument, which provides a glimpse of its earning potential, prior to maturity.
Facts about Repurchase Agreements:
- Minimum Investment: J$500,000, US$ 5,000, Stg 5,000, EUR 5,000
- Ideal to manage cash flow requirements
- Interest paid on tenures of 30, 60, 90, 180 , 270 or 365 days
- Investments fixed for the contracted period.
- Limited credit risk
- Seller agrees to re-purchase at a specific price and date
- Interest may be projected at initial investment
- Can be hypothecated to facilitate a loan
- No commission charged for repos
- Tax exemption can be applied for senior citizens. Tax will be applied to other accounts as outlined in the relevant local tax treaties.
Who should invest in the Repurchase Agreements?
- The conservative investor looking for fixed returns
- The investor with short term funds to invest
- Individuals and Institutions with interim funds to invest between projects
- Persons wishing to item earnings up front.
Find out more about your Repurchase Agreement when you call us at 1-888-2-INVEST (468378) or email us at fgfscsr@gkco.com.