Pimco powers BNP Paribas to top of repo rankings

Counterparty Radar: French dealer grew its repurchase book by 65% in first quarter

BNP Paribas offices in London

BNP Paribas took advantage of increased volumes with bond giant Pimco to become the largest dealer of non-cleared repurchase trades to US mutual and exchange-traded funds during Q1.

The French bank managed to grow its book by 65%, or around $4.5 billion, which was almost as much as it gained in new business from the California-based manager. At the end of the quarter, BNP’s total repo volumes were approximately $11.4 billion – $3.6 billion more than the second-largest dealer, Barclays.

It was

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