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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

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