Liquidity pool at FICC’s government securities unit shrank 49%

Clearing unit did not disclose any highly marketable collateral and repo values of underlying securities as part of available liquidity buffer in Q3

The government securities division (GSD) of the Fixed Income Clearing Corporation (FICC) saw the size of its liquidity pool – the pile of assets it holds to cover shortfalls or defaults – drop 49% in the third quarter of the year, to the lowest amount since 2018.

The clearing unit held $82.4 billion of liquid resources on aggregate at end-September, down from $160 billion in the previous quarter.

  //

 

The bulk of the GSD’s resources continued to be in secured credit lines, despite these

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 info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net 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 Risk.net? 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 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 individual account here: