Repo, from sale and repurchase agreement, is one for the oldest and
widely used instruments in global capital markets. It is a vital
ingredient in the smooth and efficient running of the financial
markets, and is used by all market participants including central
banks, commercial banks, fund managers and corporates.
This book is a comprehensive, detailed and authoritative
description of the repo instrument. Written by a former repo
trader, it covers applications and analysis of the various
different instruments used in the repo markets. It also places the
repo markets in the overall context of the money markets and
banking asset-liability management.
