Repo rate?

Discussion in 'Retail Brokers' started by Aaron, Jan 9, 2003.

  1. Aaron


    Does anyone know what the current overnight repo rate is (approximately) for a large, well capitalized, US corporation?

    GNI, my current broker, pays interest on balances at 50 basis points less than their overnight repo rate. This is a very tiny number because the amount of interest I'm getting is tiny, but it is evidently a positive number, at least!