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 |
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Format: | Magazinearticle |
Language: | eng |
Subjects: | |
Online Access: | Get full text |
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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. |
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ISSN: | 0951-3604 |