BNP Paribas grew share of MMF Treasury repo over Q3
French bank BNP Paribas was the top commercial bank counterparty to US money market funds (MMFs) for Treasury repo at end-September, and has grown its share of this business consistently following the coronavirus-inspired market panic.
US MMFs piled $1.07 trillion of cash into repo markets on September 30, of which $629.6 billion used US Treasury bonds as collateral. Funds conducted 13% of these US Treasury repo trades with BNP Paribas. This is up 11% from end-June and less than 7% at end-March
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 Risk Quantum
Investing
How Athora uses its ties to Apollo to boost returns
European life insurer boosts returns by sourcing loan assets directly from private equity firm
Receive this by email