REPO Handbook (Securities Institute Global Capital Markets)


Product Description
The book features an introduction to the structure and mechanics of repo, institutional practices and real-world examples. In addition the content includes necessary supplementary material such as bank asset and liability management, trading techniques, and a range of other applications of value in the global money markets.Repo markets play a pivotal role in the world's economy. The Repo Handbook is the definitive, comprehensive guide to this most important element of the global debt capital markets. It describes the use, motivations and mechanics of the repo instrument, and features invaluable coverage of specific country markets and institutions. The reader is taken through classic repo, sell/buy backs and structured repo, as well as additional products such as the total return swap and securities lending. As important is the treatment of related areas, such as money markets, banking asset & liability management and the implied repo rate, vital to a full understanding of repo.
This book is the ultimate guide for bankers, repo traders and salespersons, money market participants, corporate treasurers, debt finance professionals and is organized into three parts:
Part I covers the repo instrument, and examines repo mechanics and use of repo. There is also a look at selected country repo markets around the world.
Part II of the book considers the institutional treatment of repo, with chapters on risk, netting, accounting, and legal issues. There is also a chapter on equity repo.
Part III looks at basis trading and the implied repo rate. This includes results of original research on the gilt bond basis, presented in accessible style.
* A complete guide to repo, including introductions to money markets and bonds
* Contains the author's personal anecdotes from trading
* Covers every aspect of repo for all participants including legal, tax, accounting and back office
REPO Handbook (Securities Institute Global Capital Markets) Review
The review below and the nasty one-star review placed on Marcia Stigum's book recommending Mr. Choudrhy's work at the expense of Ms. Stigum's seem to suggest that she wrote the review favorably comparing her book to Mr. Choudrhy's book. Since she recently passed away, that is hardly possible, even though her book outsells this one even after her death. It seems more appropriate to recognize that the principles of the money markets and repo and the mathematics of these markets are universal and timeless as is Marcia Stigum's work. Help other customers find the most helpful reviews� Was this review helpful to you?�Yes No Report abuse | PermalinkComment CommentMost of the consumer Reviews tell that the "REPO Handbook (Securities Institute Global Capital Markets)" are high quality item. You can read each testimony from consumers to find out cons and pros from REPO Handbook (Securities Institute Global Capital Markets) ...

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