Office of Financial Research (OFR)

• Risk Quantum

MMFs’ reverse repos with Fed surged 35% last year

Fidelity-run funds drove 29% of the $601 billion in new trades

• 26 Jan 2023

• Risk Quantum

BNP Paribas grew share of MMF Treasury repo over Q3

French bank accounted for 13% of traded volume as of end-September

• 23 Oct 2020

• Risk Quantum

Tri-party repo trades backed by GSE debt gain popularity

Agency bond trades made up 37% of total tri-party transactions on September 4

• 09 Sep 2020

• Risk Quantum

Fed dominated MMF repo trades in March

FICC and BNP Paribas among other top repo counterparties

• 16 Apr 2020

• Risk Quantum

MMF repo volumes fell 8% in September

FICC remained largest single counterparty for US Treasury repo

• 24 Oct 2019

• Risk Quantum

Wells Fargo, BNY Mellon, State Street build repo exposures in Q2

Wells Fargo increases gross repo assets by 12.4% in three months to end-June

• 04 Sep 2019

• Risk Quantum

FICC dominates US Treasury repo in Q2

Clearing house’s sponsored programme claimed $449.7 billion of US Treasury-backed trades

• 17 Jul 2019