Secured Money Market Transactions: Trends in the Australian REPO Rate

Author: .
,

The repo market is an integral part of money markets that facilitates a more efficient financial system, and assists in the allocation of capital in the real economy. However, an excessive build-up of short-term leverage associated with over-reliance on repos can also be problematic, as was the case in the North Atlantic economies leading up to the 2008 financial crisis.


Download the Conference Paper


This paper was presented in July 2017 at the 22nd Melbourne Money and Finance Conference (MMFC), which explored the theme: Evolutionary Trends in the Australian Financial Sector.