Sobre repos

Aca "Legally, a repurchase agreement (repo) is a short-term transaction in which a borrower “sells” a security (such as a bond) to a lender, and simultaneously contracts to “repurchase” that security at a fixed price on a specific later date. Because the intent is for the borrower to repurchase the security from the lender rather than relinquish it completely, a repurchase agreement is functionally equivalent to a loan. The initial “sale” price of the security is the amount of the loan. The proceeds from the repurchase serve as repayment of the loan with interest. The security acts as the collateral."