US Treasury considers repo alternatives

The Bond Market Association (BMA) has published new guidelines on negative rate repo trading in an attempt to encourage market participants to continue trading when repo rates drop below zero - a phenomenon that can occur when there is a severe shortage of a particular issue.

The rules, published on March 28, have been pushed along by officials at the US Treasury, who are worried that the world's biggest bond market could succumb to another supply-demand imbalance such as the one that resulted in

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 or view our subscription options here:

You are currently unable to copy this content. Please contact 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 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 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