Understanding Repo Fails and Securities Lending

EDU's Guide to What A Collateral Shortage Looks Like
Link Here: https://funnel.eurodollar.university/collateral

So, there were a whole lot of repo fails at the end of December. What does that mean? What are repo fails? They are often fickle and fleeting, but they can tell us something very important about just what we want to know where it comes to the beating heart of the global monetary system. Decoding fails is actually pretty easy with a little bit of knowledge and history. 

Eurodollar University's Money & Macro Analysis

IOSCO
https://www.iosco.org/about/?subsection=about_iosco

IOSCO Securities Lending Transactions
https://www.iosco.org/library/pubdocs/pdf/IOSCOPD96.pdf

FRBNY Guide to FR2004 Settlement Fails Data
https://www.newyorkfed.org/markets/pridealers_failsprimer.html

https://www.eurodollar.university
Twitter: https://twitter.com/JeffSnider_EDU

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