Nomura's Mexican Reverse Repo Trades: A Chronology


Spring 1990: A trader on Nomura's lesser developed country desk engages in Mexican government bond reverse repo trades with a Mexican counterparty for Nomura's proprietary account.

The buy/sell-backs involve the purchase and sale of both Mexican government bonds and the Mexican peso in order to hedge the currency risk.

These transactions are accounted for as separate purchases and sales, rather than reverse repos, which are classified as financing transactions for regulatory and net capital

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

If you already have an account, please sign in here.

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