The Repo Handbook

The Repo Handbook

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This text provides comprehensive professional information, explanations and analysis at advanced level of one of the most important instruments in the global money and capital markets - the REPO market.Most stock loans are on an aquot;openaquot; basis, meaning that they are confirmed (or terminated) each morning, although term loans also occur. 1nstitutional investors such as pension funds and insurance companies often prefer to enhance the income from their fixed interest ... stock to cover short positions sometimes have access to their own source of stock lenders; for example, clients of their custody services.

Title:The Repo Handbook
Author: Moorad Choudhry
Publisher:Butterworth-Heinemann - 2002

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