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Bank of Canada RSS Feedsen2024-03-28T21:52:50+00:00A Note on Central Counterparties in Repo Markets
https://www.bankofcanada.ca/2012/03/discussion-paper-2012-4/
The author introduces a central counterparty (CCP) into a model of a repo market. Without the CCP, there exist multiple equilibria in the model. In one of the equilibria, a repo market emerges as bond dealers and cash investors choose to arrange repos in an over-the-counter bond market.2012-03-09T09:49:54+00:00enA Note on Central Counterparties in Repo Markets2012-03-09Financial marketsFinancial stabilityPayment clearing and settlement systemsDicussion paper 2012-4https://www.bankofcanada.ca/wp-content/uploads/2012/03/dp2012-04.pdfA Note on Central Counterparties in Repo MarketsHajime TomuraMarch 2012GG2G24