Since 1982, banks and thrift institutions have offered a type of savings account that yields a market rate of interest with a minimum balance and a limit on transactions. These accounts, which have no minimum maturity, are known as

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The description given in the question matches that of a money market mutual fund, which is an account offered by banks and thrift institutions that yields a market rate of interest with a minimum balance and a limit on transactions. Certificates of deposit have a minimum maturity period, mutual funds and repurchase agreements are different types of investments altogether.

Since 1982, Banks and Thrift Institutions Have Offered a Type