Meanings of tri-party repo in anglès

The third party in a tri-party repo is the clearing bank.

This has essentially split the tri-party repo market into two.

He said the tri-party repo solution was attractive partly because it targeted Libor as its underlying hurdle rate.

That facility will end in February, and dealers are keen to fix the tri-party repo market by then.

Under the tri-party repo agreements, Goldman Sachs will make a quarterly payment equal to three-month LIBOR to Vitality Re II.

In a tri-party repo, an investor extends a loan to a bond dealer which uses a Treasury issue as collateral.

In a tri-party repo, an investor extends a loan to a bond dealer who typically uses a Treasury issue as collateral.

The recommendations include decreasing the intra-day credit provided by clearing banks and eliminating the wholesale daily unwinding of all tri-party repo trades.

General Collateral Finance repos, which are an extension of the tri-party repo market, help drive a highly liquid and transparent market for securities financing.

The tri-party repo market, unlike the bilateral market, uses a third-party custodian and passes through a clearing service, meaning aggregate transaction data is available.

The $1.6 trillion tri-party repo market is a major source of cash for banks to fund trades and other short-term operations.

Also, tri-party repos have tended to provide higher returns than solutions based on U.S. Treasury money market funds.

Tri-party repos use a bank's portfolio of investment-grade corporate bonds to generate returns based on Libor, with reporting to investors on daily pricing.

One of the reforms is aimed at implementing a settlement scheme to reduce the volume of tri-party repos funded by intraday loans from clearing banks.