TY  - JOUR
AU  - Adrian, Tobias
AU  - Begalle, Brian
AU  - Copeland, Adam
AU  - Martin, Antoine
TI  - Repo and Securities Lending
JF  - National Bureau of Economic Research Working Paper Series
VL  - No. 18549
PY  - 2012
Y2  - November 2012
DO  - 10.3386/w18549
UR  - http://www.nber.org/papers/w18549
L1  - http://www.nber.org/papers/w18549.pdf
N1  - Author contact info:
Tobias Adrian
Monetary and Capital Market Department
IMF
700 19th Street
Washington DC 20431
E-Mail: tadrian@imf.org

Brian Begalle
Federal Reserve Bank of New York
E-Mail: brian.begalle@ny.frb.org

Adam Copeland
Federal Reserve Bank of New York
33 Liberty Street
New York, NY 10045
USA
Fax: Economist
E-Mail: adam.copeland@gmail.com

Antoine Martin
Federal Reserve Bank of New York
E-Mail: Antoine.Martin@ny.frb.org
M1  - published as Tobias Adrian, Brian Begalle, Adam Copeland, Antoine Martin. "Repo and Securities Lending," in Markus Brunnermeier and Arvind Krishnamurthy, editors, "Risk Topography: Systemic Risk and Macro Modeling" University of Chicago Press (2014)

M3  - presented at "Systemic Risk and Macro Modeling", April 28, 2011
AB  - We provide an overview of the data required to monitor repo and securities lending markets for the purposes of informing policymakers and researchers about firm-level and systemic risk. We start by explaining the functioning of these markets and argue that it is crucial to understand the institutional arrangements. Data collection is currently incomplete. A comprehensive collection would include, at a minimum, six characteristics of repo and securities lending trades at the firm level: principal amount, interest rate, collateral type, haircut, tenor, and counterparty.
ER  -