Course Outline

  • Introduction
  • Repo Structures
    • Buy/sellback
    • Securities Lending
  • Repo Variation
    • Hold in custody, safekeeping and triparty
    • General collateral (GC) vs Special
  • Mathematics of repo
  • Repo conventions
  • Users of repo
  • Repo agreements in the bond market

Outcomes

On completion of the program the delegate will be able to:

  • Distinguish Between The Different Types Of Repos
  • Identify The Participants In The Repo Market
  • Determine The Difference Between Buy/Sell Back And Repurchase Agreements
  • Calculate The Price Of The Following Repo Variations:
    • General Collateral
    • Special
  • Calculate The Settlement Amounts And Repurchase Amounts On A Bond Repo
  • Understand The Role Of The Bond Market Exchange In South Africa In The Repo Market