Repurchase agreements are generally considered to be instruments with mitigated credit risk. The biggest risk in a repurchase agreement is that the seller will not be able to maintain the end of his contract by not buying back the securities he sold on the maturity date. In these situations, the buyer of the security can then liquidate the security in an attempt to recover the money initially paid. However, this poses an inherent risk that the value of the security has decreased since the first sale and that the buyer therefore has no choice but to hold the security that he never wanted to receive in the long term or to sell it for a loss. On the other hand, there is also a risk for the borrower in this transaction; if the value of the security exceeds the agreed terms, the creditor may not resell the security. If a positive interest is assumed, it can be assumed that the PF buyback price is higher than the initial PN selling price. . . .