About Sale and Repurchase Agreements Pathway

Financial institutions use sale and repurchase agreements, commonly known as repos, for several purposes such as financing their trading activities, managing their cash positions, and obtaining short-term funding for investments. Additionally, central banks leverage repos to conduct monetary policy operations. In this pathway, Richard Comotto will outline the underlying objective of the repo market, by providing insights into their nature, the scenarios in which they are employed, and how they differ from a similar market, namely the securities lending market. Finally, he delves into some of the recent developments in the market, including the introduction of green repos.

In this pathway

Pathway experts

Richard Comotto

30 years: Money markets

Senior Visiting Fellow at the ICMA Centre at the University of Reading, consultant to the International Capital Market Association (ICMA) and its European Repo and Collateral Council (ERCC). Technical expert to the IMF, Asian Development Bank and Frontclear market development company on money market and repo market development in Asia and Africa.