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Short courses>Repo, central banks and monetary policy

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Repo Markets - 2.5 hours

A foundation course that explains all about repo, how it works, the risks involved and the terminology used in this market.

It is suitable for those working in or around financial markets who need to know more.

There are simple examples with time for questions and answers.

This course is only available in-house and is suitable for up to 12 people.

This is what is covered:

  • What a repo is
  • Collateral value & cash, buying and selling
  • Repo interest and what happens on maturity
  • Types of collateral
  • Credit and market risk for seller
  • Credit and market risk for buyer
  • Importance of documentation
  • Why use repo – security of collateral
  • Use - covering short sales
  • Haircuts, margin calls, reverse repo
  • Manufactured dividend, close out and substitution
  • General and special repo rates
  • Regulation and repo
  • Drysdale – a lesson in what can go wrong
  • Access to central banks and monetary policy
  • The monetary system
  • Tools of monetary policy, repo rate, quantitative easing and asset purchases

Enquire or book this course

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