What is minimum and maximum duration of repo rate?

Answer 1

The minimum duration for a repurchase agreement (repo) can be as short as overnight, while the maximum duration typically varies but can extend to several weeks or even months, depending on the terms negotiated between the parties involved. In practice, most repos are short-term, often lasting from one day to a few days. However, longer-term repos, known as term repos, can last from a week to a month or more. The specific duration is usually determined by market conditions and the needs of the borrowers and lenders.