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Match repo terms: 1. Repo: p. Short buy 2. Reverse: q. Lending 3. Asset: r. Security

A1-p, 2-q, 3-r
B1-p, 2-r, 3-q
C1-q, 2-p, 3-r
D1-r, 2-p, 3-q
Answer & Solution
Correct answer: A. 1-p, 2-q, 3-r
Repo operations involve temporary lending of money against collateral securities in the repurchase market.
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