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European repo market remains stable
19 January 2012
An International Capital Market Association (ICMA) survey shows continued stability in the repo market despite underlying difficulties for eurozone sovereigns, which furnish the majority of the collateral for repo activity
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International Capital Market Association
ICMA
survey
repo
There was modest growth in the European repo market last year, despite eurozone difficulties, according to a European Repo Council of the International Capital Market Association (ICMA) survey.
ICMA’s 22nd bi-annual survey showed growth of 2.6% between December 2010 and December 2011, although there was a contraction in market size of 3.3% from the June 2011.
Heightened risk-aversion among investors was evident in changes in the collateral composition of the market. Overall, the share of...
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