Eurex Repo records strong repo market expansion for April
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Eurex Repo records strong repo market expansion for April 04 May 2022Germany Reporter: Bob Currie
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Eurex Repo’s average daily term-adjusted volume has risen 47 per cent YoY for April, climbing to €200.0 billion, according to the Frankfurt-based platform.
Repo transactions are up 75 per cent to €145.3 billion for April 2022 compared to April 2021, with GC Polling activity rising 4 per cent to €54.8 billion.
Eurex Clearing reports that outstanding notional volumes in over-the-counter (OTC) clearing continued to grow, rising 19 per cent to €27,422 billion for April 2022 compared with April 2021.
Interest rate swaps (IRS) grew by 30 per cent YoY for April to €12,251 billion in notional outstanding, with overnight index swaps up 134 per cent to €1,920 billion.
In terms of average daily cleared volume, Eurex Clearing recorded 40 per cent growth over April 2021, with volumes rising to €233 billion.
Cleared ADV for IRS fell 6 per cent YoY to €23 billion for April. However, overnight index swaps were up 49 per cent YoY for April to €8 billion.
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