Updated: 28.12.2015

Agreements on selling securities at a specified price on condition that the same or similar securities are repurchased for the specified price at maturity of the transaction.
The definition of the concept is consistent with Regulation (EU) No 1071/2013 of the European Central Bank of 24 September 2013 concerning the balance sheet of the monetary financial institutions sector (recast) (ECB/2013/33).