The Repo market experienced a large trading range yesterday with a high of 4.57% and low of 3.60%. There are no issues in Repo: No settlement problems, no liquidity problems. Just increased volatility from cash inflows and outflows and increased emotions from the rate swings
What's the REpo market?
Repurchase market. One of the largest markets in the world. $4.5T-$5T in overnight loans
Today, I introduce with repurchase market. Biggest market of the world. 4.5T to 5T in overnight loan. Great