Poor use of collateral the problem, not supply-BoE, ICMA

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By Owen Sanderson
03 Apr 2014

The International Capital Markets Association and the Bank of England are united in saying that the repo markets suffer from poor use of collateral rather than a lack of supply.

“It's not really about a supply-demand imbalance, it's a more nuanced problem than that - it's about making sure the collateral that does exist is used most effectively, that it can be channelled to where it can be used effectively,” said Andy Hill, director in market practice and ...

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