The US Repo Market in December 2016: What Happened and What’s Next
In this Investor Focus report, we provide a statistical evaluation of the US repo market in December 2016 across US Treasuries, corporate bonds and S&P 500 equities. We use both public and private data sets for our analysis. The result is a greater understanding of not only the repo market but liquidity and balance sheet trends for the US and global markets.
This report should be read by investors in the repo markets across money funds, securities lending and government-sponsored enterprises, and by investors in fixed income and equities. It may also be helpful to dealers and service providers looking to understand future dynamics in the repo marketplace.
This report is 15 pages with six exhibits.
TABLE OF CONTENTS
■ Executive Summary
■ Structural Change in the US Repo Market
■ What Happened in December 2016
– The Impact of the Reverse Repo Facility
– December vs. September: The Big Differences
■ What Happens Next
■ About the Author
■ About Finadium