Chinese banks failing to post collateral on repos

row-of-three-red-and-gold-chinese-lanterns

Chinese banks are not meeting mark-to-market collateral demands under the terms of a global master repurchase agreements (GMRA) contract developed by the Securities Industry and Financial Markets Association (Sifma) and the International Capital Market Association to govern conduct in the global repo markets.

Collateral disputes between foreign banks and their Chinese counterparts have been simmering for more than a year, notably for over-the-counter derivatives transactions. While failing to po

To continue reading...

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 indvidual account here: