Central Banking

RBA mulls creation of repo CCP

reserve-bank-of-australia
Reserve Bank of Australia

The Reserve Bank of Australia (RBA) has raised the possibility of establishing a central counterparty (CCP) in Australia to clear repos, but remains unconvinced as to whether the benefits would outweigh the costs.

A consultation paper published today sets out the case for and against filling the current tri-party repo void in the country, but says the central bank will only form an opinion in light of the feedback. As counterparty to around a third of outstanding repos in Australia, the RBA has

To continue reading...

You must be signed in to use this feature.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: