The global financial system committee, which was chaired by Sir Jon Cunliffe of the Bank of England, examined the functioning of the repo market in light of recent monetary policy
The draft framework, issued on 11 April for public comment until 5 May, proposes the introduction of triparty repo on both government and corporate bonds, and sets out rules for collateral eligibility, reporting, settlement and agents
In the weeks leading up to the March quarter-end, the repo market showed a high degree of uncertainty and nervousness, with rates being priced very wide
DTCC, in partnership with distributed ledger technology developer Digital Asset, are preparing to embark on the second phase of constructing their repo netting blockchain solution
The International Capital Market Association has reaffirmed its calls for the European Central Bank to expand its securities lending facility in response to the extension of the central bank’s asset purchase programme...
Russia’s National Settlement Depository, in collaboration with Bloomberg, is testing a new collateral management service for over-the-counter repo transactions...
