New York Fed: 'Repo and the Liquidity Risk Premium'
March 25, 2026
March 25, 2026
NEW YORK, March 25 (TNSLrpt) -- The Federal Reserve Bank of New York issued the following staff report (No. 1189) in March 2026 by Adam Copeland and Owen Engbretson entitled "Repo and the Liquidity Risk Premium."
Here are excerpts:
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Securities dealers play a central role intermediating funds in the U.S. short-term money markets. This intermediation involves risk, which can be mitigated by holding buffers of liquid securities. The cost of hold . . .
Here are excerpts:
* * *
Securities dealers play a central role intermediating funds in the U.S. short-term money markets. This intermediation involves risk, which can be mitigated by holding buffers of liquid securities. The cost of hold . . .