Global Repo Markets: Instruments and Applications
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.
PART I: THE REPO INSTRUMENT AND THE DEBT CAPITAL MARKETS.
Chapter 1. Intro to Repo.
Chapter 2. Market Background: The Bond Markets.
Chapter 3. Market Background: The Markets.
Chapter 4. The Repo Instrument.
Chapter 5. Uses and Economic Functions of Repo.
Chapter 6. Repo and Structured Financial Products.
Chapter 7. An Introduction to Money Market Trading and Hedging.
Chapter 8. An Introduction to Banking Asset and Liability Management (ALM).
Chapter 9. The United Kingdom Gilt Repo Market.
Chapter 10. Selected Country Repo Markets.
PART II: INSTITUTIONAL TREATMENT OF REPO.
Chapter 11. Repo Dealing Risk.
Chapter 12. Accounting, Tax and Capital Issues.
Chapter 13. Legal and Documentation Issues.
Chapter 14. Repo Netting and Electronic Trading.
Chapter 15. Equity Repo.
PART III: BASIC TRADING AND THE IMPLIED REPO RATE.
Chapter 16. Basic Trading and the Implied Repo Rate: Part I.
Chapter 17. Basic Trading and the Implied Repo Rate: Part II.
Chapter 18. An Introduction to the Fundamentals of Basic Trading.
Dr. Choudhry is a Visiting Professor at the Department of Economics, London Metropolitan University, and a Fellow of the Securities Institute in the City of London. He is co-author with Professor Frank Fabozzi of The Global Money Markets