broad repo rates keep overtaking the Fed's risk-free repo rate, ON RRP, indicating that the market is dictating price. RRP cash will thus continue to fund issuance but also more leveraged trades
How is collateral typically borrowed/arranged for OTC non-cleared repo loans?
To your knowledge does EquiLend play a role in making collateral available for repo?
I’m trying to get to the bottom of this question, but run into walls. Thank you!
How is collateral typically borrowed/arranged for OTC non-cleared repo loans?
To your knowledge does EquiLend play a role in making collateral available for repo?
I’m trying to get to the bottom of this question, but run into walls. Thank you!