A form of short-term borrowing for dealers in government securities, where the dealer sells the government securities to investors, usually on an overnight basis, and buys them back the following day.
This rise was driven by an 85 per cent YoY rise in GC Pooling average daily TAV to €276.9 billion, and an 48 per cent YoY increase in special repo average daily TAV to €253.5 billion
According to Matt Gierke, global head of BrokerTec at CME Group, BrokerTec's overall average daily notional value for March reached an all-time record of US$1.151 trillion
The continuation follows a review by Muqassa and Thomas Murray in line with CPMI-IOSCO self-assessment, where financial market infrastructures evaluate their compliance with the 24 principles
The ICMA European Repo Market Survey measured and analysed the value of outstanding repo plus reverse repo on the books of 59 participants at close of business on 10 December 2025
This milestone demonstrates the expansion of BNY’s intraday repo capabilities beyond the US dollar, enabling new opportunities for liquidity optimisation