At Eurex Repo, average daily term-adjusted volume grew by 94% compared to August last year at €239.5 billion ($237.8bn), also up from July’s €197.6 billion. The GC Pooling market was up 61% at €58.7 billion while the Repo Market grew by 108% year-on-year to €180.8 billion.
| Repo: average daily term-adjusted volume on Eurex Repo | August 2022 | August 2021 | Change |
| GC Pooling (€ billion) | 58.7 | 36.4 | 61% |
| Repo Market (€ billion) | 180.8 | 87.0 | 108% |
| Total (€ billion) | 239.5 | 123.4 | 94% |
*GC Pooling includes all currencies
In a market briefing update, Frank Gast, managing director at Eurex Repo, said the main driver was the strong development of the Repo market (GC & Special), which more than doubled.
“Strong trading in euro government bonds was primarily responsible for this growth. Due to rising interest rates in the Eurozone, the average trading volume in GC Pooling increased by more than 95% compared to August last year.
Trading volumes of EU bonds increased by 57% compared to July. They almost doubled compared to August 2021, while overall trading in supranational and agency bonds increased by 21% compared to the previous month,” he said.