Monthly Archives: December 2009


Tett: ‘Trouble for the mighty repo’

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Bankers are worried Congress will require them in the future to absorb losses of up to 20 percent on repo loans they make to borrowers that later fail. This issue could have big consequences and deserves watching, writes Financial Times … Continue reading


Fed tests reverse-repo transaction

The Federal Reserve Bank of New York Thursday made its first live test of reverse repurchase agreements as a way to drain money from the financial markets, the Financial Times reported. The Fed plans to use reverse repos to restrain … Continue reading