This change comes in view of improvements in US dollar funding conditions and low demand at recent seven-day maturity US dollar liquidity-providing operations
The intraday trade marks the launch of the next phase in the rollout of Broadridge’s Distributed Ledger Repo platform, which was first launched in June 2021
The Bank of England will increase the frequency of seven-day maturity US dollar repo operations from weekly to daily, commencing on Monday 20 March 2023, as markets react to Credit Suisse troubles
The total value outstanding of repos and reverse repos on the books of 61 institutions that took part in the survey hits a record high of €10,374.2 billion, a 12.8 per cent rise YoY and 7.2 per cent rise from the June 2022 survey
This growth has been powered by 83 per cent YoY growth in special repo for February to €209.8 billion and a 43 per cent YoY rise in GC Pooling volumes to €111.9 billion
The US electronic trading platform reports growth in average daily trading volume across all asset classes of 21.5% YoY for February to US$1.43 trillion
10 February 2023Switzerland Reporter: Carmella Haswell
ICMA’s European Repo and Collateral Council has welcomed 19 individuals to form its 2023 committee, including AXA Investment Managers’ Charlie Badran, BlackRock Investment Manager’s Emma Cooper and Eurex Repo’s Frank Gast
The bilateral swap and repo lines have been established since 2020 to provide euro liquidity to financial institutions via non-euro area central banks in view of the COVID-19 pandemic and Russia’s invasion of Ukraine
This service aims to enhance the liquidity of a basket of sovereign eurobonds, with issuers including Angola, Egypt and Kenya, and to encourage investments related to the UN’s Sustainable Development Goals in Africa
