2017
DOI: 10.17016/2380-7172.1940
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The Cleared Bilateral Repo Market and Proposed Repo Benchmark Rates

Abstract: We provide aggregate statistics on U.S. dealers' bilateral repurchase agreements and economically equivalent securities lending activities. The data were collected from the U.S.-affiliated securities dealers of nine bank holding companies under a voluntary pilot program run by the Office of Financial Research (OFR) and the Federal Reserve System with input from the Securities and Exchange Commission. We found that the majority of this activity involves the delivery or receipt of U.S. Treasuries, with equities … Show more

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Cited by 6 publications
(2 citation statements)
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“…Adrian et al 2013) -an over-the-counter, upstairs market where banks trade on their proprietary desks and deal directly with money-managers who can get access to 'lit' or 'dark' pools of liquidity (Banks 2010;Hatch 2010;Mackenzie 2015;Garvey et al 2016). Reverse repo loans supplied by global banks are relatively hidden from regulators (Bowman et al 2017). As a result, while the literature on repos is flourishing, little data is available for reverse repos (an exception is Baklanova et al 2017).…”
Section: Making Money In the Capital Market: Reverse Repos And The Asset Management Complexmentioning
confidence: 99%
“…Adrian et al 2013) -an over-the-counter, upstairs market where banks trade on their proprietary desks and deal directly with money-managers who can get access to 'lit' or 'dark' pools of liquidity (Banks 2010;Hatch 2010;Mackenzie 2015;Garvey et al 2016). Reverse repo loans supplied by global banks are relatively hidden from regulators (Bowman et al 2017). As a result, while the literature on repos is flourishing, little data is available for reverse repos (an exception is Baklanova et al 2017).…”
Section: Making Money In the Capital Market: Reverse Repos And The Asset Management Complexmentioning
confidence: 99%
“…In addition, the NTRIP client provided by RTKLIB (Takasu, 2009) was employed to feed the RTK receiver with differential corrections. The camera_calibration ROS package was used to obtain the intrinsic parameter of the RGB camera (Bowman and Mihelich, 2017). Images of an 11 × 7 chessboard (10 cm side) as well as calibration results are provided in the dataset website.…”
Section: Data Collection Methodologymentioning
confidence: 99%