||From the Inside Flap|Repo is a well-established financial instrument and a vital part of maintaining capital market liquidity and efficiency. Repo markets have experienced considerable growth in recent yeras, and repo is traded in both developed and emerging ma
Repo, from sale and repurchase agreement, is one for 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 former repo trader, it covers applications and ...
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