intraday repo

intraday repo
(PLI)
A transaction with the central bank designed to increase the liquidity of settlement banks in the Transfert Banque de France (TBF) system. i.e. repo with Banque de France requested by a settlement bank on the Euroclear platform to generate additional liquidity that will be automatically swept back to the TBF system.

Euroclear glossary. 2008.

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