Fed blog: Understanding the Interbank GCF Repo® Market

In this post, we provide a different perspective on the General Collateral Finance (GCF) Repo® market. Instead of looking at the market as a whole, as we did in our previous post , or breaking it down by type of dealer, as we did in this primer, we disaggregate interbank activity by clearing bank and by collateral class. This perspective highlights the most traded collateral and the extent to which dealers at a clearing bank are net borrowers or net lenders. This view of the market is informative given the proposed changes announced recently by the Fixed Income Clearing Corporation.
The full article is available here: http://libertystreeteconomics.newyorkfed.org/2016/05/understanding-the-interbank-gcf-repo-market.html#.VyilsT-WZPU

Related Posts

Previous Post
NY Fed President Dudley on market and funding liquidity; recognizes potential liquidity decline (Premium)
Next Post
BNYM working on blockchain for securities lending with IBM

Fill out this field
Fill out this field
Please enter a valid email address.

X

Reset password

Create an account