4. Money market instruments: Repurchase agreements Which of the following are typical repurchase agreement maturities? Check all that apply. 3 months 3 years 6 months 180 Which of the following are characteristics of repurchase agreements? Check all that apply. Most repo transactions are backed by government securities. Of all the money market securities, repurchase agreements have the most active secondary market. The size of the repo market is approximately $5 trillion. Their maturities are normally between 1 and 20 years. Suppose Yvette initially purchased securities at a price of $9,900,000 while agreeing to sell them back to the original owner at a price of $10,000,000 at the end of a 6-month period. Assuming a 360 day year, the yield (or repo rate) on this repurchase agreement is: 1.94% 2.02% 2.08% 2.14%