

Don’t bank on it: Fed urged to widen access to new repo facility
Central clearing of SRF’s repos and less unease over its use could also buoy glitchy Treasury market
Cracking the problem of malfunctioning in the world’s most important market requires suitably powerful tools. To many of those involved in the US Treasury market, the Federal Reserve’s domestic standing repurchase agreement facility is not one of them. But, with the right tweaks, it could be.
One change many are calling for is to open up the facility, known as the SRF, to a much wider range of institutions, to boost market-making capacity in times of stress. Doing so by connecting the SRF to
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 [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on Regulation
Investing
From ‘cottage industry’ to quant-ready: prop data at JP Morgan
Unique information now “table stakes” for brokers as they compete for new clients
Receive this by email
Most read on Risk.net
- Duck! Buy side plan to dodge IM rules could backfire
- How to stop stablecoins from hoarding precious collateral
- People moves: Credit Suisse reshuffles, CME continues rejig, and more
- Credit risk capital models hanging by a thread in the US
- From ‘cottage industry’ to quant-ready: prop data at JP Morgan