Overnight loans, usually collateralized by Treasury bills, are called:

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Overnight loans collateralized by Treasury bills are called repurchase agreements. Discount loans are short-term loans given by the Federal Reserve to commercial banks. Yankee loans are issued by foreign companies in the US market. LIBOR agreements refer to loans based on the London Interbank Offered Rate. Commercial paper is a type of unsecured, short-term debt instrument issued by corporations. None of these options accurately describe overnight loans collateralized by Treasury bills.

Overnight Loans, Usually Collateralized by Treasury Bills, Are Called