China’s securitization market recently saw a landmark deal in which blockchain technology was first utilized in capital markets. China’s asset-backed securities market is Asia’s largest. The residential mortgage-backed securities (RMBS),…Read More
June 2015 Federal Reserve Senior Credit Officer Opinion Survey on Dealer Financing Terms (SCOOS) special questions: what happened to fixed-income liquidity?
The June 2015 Federal Reserve Senior Credit Officer Opinion Survey on Dealer Financing Terms (SCOOS) has been released. This is the second part of a two-part post.Continue readingRead More
A May 5th Wall Street Journal article, “Banks Revive Role in Complex Debt, Lenders Had Eschewed Loan-Bond Leverage Since Crisis, but New Rules Spur Them to Seek Buyers” by Katy…Read More
The frailty of the tri-party repo system has been on the regulator’s minds for some time before the financial crisis. They knew the system worked but had several potentially fatal…Read More