MATCHED SALE-PURCHASE AGREEMENT - MSPA
An agreement by which the Federal Reserve sells US securities (US Treasuries) to another government's central bank or institutional dealer, or central bank of another country. The arrangement states the US government will purchase the security back at its selling price within a short period of time, typically less than two weeks. During the matched sale-purchase agreement, banking reserves decrease.
Also known as system MSP.
POPULAR TERMS
WAI
Wealth Added Index (WA) is a metric that attempts to measure the wealth created or destroyed by a company for its shareholders. It also states that ...
Variable Benefit Plan
Variable Benefit Plan is a type of retirement plan that gives payouts, the amount of which is based on the performance of the plan’s investme ...
Ascending Tops
It means of a series of peaks on the stock's chart pattern. It looks like a mountain range in which each mountain top is higher than the last.< ...
Universe Of Securities
The Universe Of Securities is a set of securities with a common feature. Examples of features that might be shared are market capitalization, indus ...
Mortgage Life Insurance
An insurance policy that is designed specifically for repaying mortgage debt upon the borrower’s death. This is different from conventional l ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Digesting Financial Statements: Filing
Companies need to file several financial reports in different periods with the Securities and Exchange Commission.
14A Prox ...
A Guide to Your Personal Income Tax: Common Filing Mistakes
Failure to file the return on time is the most common mistake committed by taxpayers. Here are some of the other mistakes, which can cost you a lot ...
Digesting Financial Statements: Long-Lasting Assets
Long-lived assets, also known as non-current assets, is any asset a company expects to keep for at least one year. Such assets are expected to boos ...
Renovate or Move?
You have a well-furnished home with a garden full of flowers and plants. Imagine sharing your beautiful abode, which has four bedrooms, a kitchen, ...
An Introduction to Forex
The foreign exchange market or forex is the largest financial market in the world. It is where the monetary currencies of countries are traded. Thi ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 05:03 | Trade Balance | Mar | |
| 06:30 | Industrial Production | Feb | |
| 06:30 | Industrial Production | Feb | |
| 08:30 | Producer & Import Prices | Mar | |
| 08:30 | Producer & Import Prices | Mar | |
| 14:30 | Wholesale Sales | Feb | |
| 14:30 | Wholesale Sales | Feb | |
| 00:00 | FOMC Member Patrick T. Harker Speaks | ||
| 00:00 | FOMC Member Patrick T. Harker Speaks |
