Why collateral research misses the point

There may be an aggregate collateral surplus, but pension funds and other firms that would face big margin calls in a rising-rate environment are not reassured


For a while, collateral scarcity was a hot topic for researchers. Anticipating a step-change in demand for high-quality assets, economists and analysts at the Bank of England, the Bank for International Settlements (BIS) and De Nederlandsche Bank, among others, published a clutch of thoughtful papers. And then, because they all came to pretty much the same conclusion, the spotlight moved on. Demand will grow, the researchers concluded – largely because of new rules on central clearing, bilateral

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options


Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here