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Moorad Choudhry

Global Repo Markets : Analysis and Strategies (Wiley Finance)

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ISBN: 0470821272, 9780470821275
Издательство: John Wiley & Sons
Repo, from sale and repurchase agreement, is one of the oldest and widely used instruments in global capital markets. It is a vital ingredient in the smooth and efficient running of the financial markets, and is used by all market participants including central banks, commercial banks, fund managers and corporates. This book is a comprehensive, detailed and authoritative description of the repo instrument. Written by a foemer repo trader, it covers applications and analysis of the various different instruments used in the repo markets. It also places the repo markets in the overall context of the money markets and banking asset-liability management.