A broker-dealer or other financial institution transfers cash to a government in exchange for securities and the government agrees to repay the cash plus interest and return the securities.From the government's point of view, this transaction is a

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A reverse repurchase agreement is a transaction where the government sells securities to a broker-dealer or financial institution in exchange for cash with an agreement to repurchase the securities at a later date.

A Broker-Dealer or Other Financial Institution Transfers Cash to a Government