NEW YORK, Nov 19 (Reuters) - The cost of U.S. overnight funding in the repo market has stayed stubbornly high and is expected to remain elevated going into year-end despite recent Federal Reserve ...
JOHANNESBURG—The South African Reserve Bank cut its main repo rate to 6.75% on Thursday, on the back of expectations for inflation to tick lower amid higher growth. The decision restarts a cutting ...
The Federal Reserve is struggling to persuade some banks to use a lending tool designed to improve the central bank’s control over short-term money markets. Banks have made more use of the tool, ...
Bond traders have pushed back against Federal Reserve officials urging them to use a key borrowing facility, complicating the central bank’s efforts to ease strains in the $12 trillion market for ...
Repo agreements allow short-term borrowing using securities as collateral. Overnight repos dominate the market, providing quick liquidity. The Fed uses repos to adjust bank reserves and stabilize ...
A matched book is a risk management process used by banks to keep their assets and liabilities at appropriate levels and ensure sufficient liquidity. A matched book ensures equal asset and liability ...
Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...