(AGENPARL) - Roma, 24 Agosto 2022 - (AGENPARL) – mer 24 agosto 2022 As a crucial source of funding and liquidity for the U.S. financial system, the U.S. repurchase agreement (repo) market provides short-term financing to banks, securities dealers, and other financial institutions to fund their liquidity provisions and leveraged investments.
For years, regulators have called for greater insight and transparency into the repo market. The non-centrally cleared bilateral segment – where repo transactions are conducted between two firms without the involvement of a central counterparty or custodian – has been a particular blind spot for regulators.
In a blog published today, the Office of Financial Research explains what is known about the non-centrally cleared bilateral market, as well as how the OFR is laying the groundwork to fill this critical data gap through a data collection.
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