Repo: uncertainty casts a shadow

A paper published by the International Capital Markets Associations's European Repo Council (ERC) in March sought to place repo in its proper context. A key aspect of the politically disparaged shadow banking sector, its chairman observed, is that repo is a legitimate funding tool used by regul...

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Published in:Global Investor 2012-06
Format: Magazinearticle
Language:eng
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Summary:A paper published by the International Capital Markets Associations's European Repo Council (ERC) in March sought to place repo in its proper context. A key aspect of the politically disparaged shadow banking sector, its chairman observed, is that repo is a legitimate funding tool used by regulated banks and financial institutions and an instrument of financial policy for central banks.
ISSN:0951-3604