BondStats

BONDSTATS MONEY MARKETS REFERENCE

Money Markets & Short-Term Funding Encyclopedia

Repo, reserves, reference rates and short-term funding mechanics explained.

A practical reference to repo, secured and unsecured funding, overnight benchmarks, bank reserves, liquidity conditions and central-bank operating frameworks.

98 ENTRIES5 CATEGORIESCRAWLABLE A–Z REFERENCE

A–Z MARKET REFERENCE

Market Liquidity versus Funding Liquidity

Liquidity & Funding Conditions

Market Liquidity versus Funding Liquidity is a money-market funding concept used to assess the availability, stability, concentration or cost of short-term liquidity.

Margin Call in Repo

Repo & Secured Funding

Margin Call in Repo is a secured-funding concept in the repo market that describes the pricing, collateral, maturity, balance-sheet or settlement mechanics of borrowing cash against securities.

Balance Sheet Netting in Repo

Repo & Secured Funding

Balance Sheet Netting in Repo is a secured-funding concept in the repo market that describes the pricing, collateral, maturity, balance-sheet or settlement mechanics of borrowing cash against securities.

Window Dressing in Funding Markets

Liquidity & Funding Conditions

Window Dressing in Funding Markets is a money-market funding concept used to assess the availability, stability, concentration or cost of short-term liquidity.

Eligible Repo Collateral

Repo & Secured Funding

Eligible Repo Collateral is a secured-funding concept in the repo market that describes the pricing, collateral, maturity, balance-sheet or settlement mechanics of borrowing cash against securities.

Liquidity Coverage Horizon

Liquidity & Funding Conditions

Liquidity Coverage Horizon is a money-market funding concept used to assess the availability, stability, concentration or cost of short-term liquidity.

Repo Maturity Transformation

Repo & Secured Funding

Repo Maturity Transformation is a secured-funding concept in the repo market that describes the pricing, collateral, maturity, balance-sheet or settlement mechanics of borrowing cash against securities.

Sponsored Repo Clearing

Repo & Secured Funding

Sponsored Repo Clearing is a secured-funding concept in the repo market that describes the pricing, collateral, maturity, balance-sheet or settlement mechanics of borrowing cash against securities.

Cash Buffer for Banks

Liquidity & Funding Conditions

Cash Buffer for Banks is a money-market concept used to describe short-term borrowing, secured funding, benchmark rates, reserve conditions or liquidity transmission.

Fire Sale through Repo

Repo & Secured Funding

Fire Sale through Repo is a secured-funding concept in the repo market that describes the pricing, collateral, maturity, balance-sheet or settlement mechanics of borrowing cash against securities.

Overnight Bank Funding Rate

Reference Rates & Benchmarks

Overnight Bank Funding Rate is a short-term interest-rate benchmark or funding concept used to measure, reference or transmit the cost of overnight and term money-market funding.

Repo Balance Sheet Cost

Repo & Secured Funding

Repo Balance Sheet Cost is a secured-funding concept in the repo market that describes the pricing, collateral, maturity, balance-sheet or settlement mechanics of borrowing cash against securities.

Targeted Longer-Term Refinancing Operation

Central-Bank Money & Reserves

Targeted Longer-Term Refinancing Operation is a central-bank operating-framework concept through which liquidity, reserves or short-term interest rates are supplied, absorbed or steered.

Deposit Duration

Liquidity & Funding Conditions

Deposit Duration is a money-market funding concept used to assess the availability, stability, concentration or cost of short-term liquidity.

Funding Concentration

Liquidity & Funding Conditions

Funding Concentration is a money-market funding concept used to assess the availability, stability, concentration or cost of short-term liquidity.

Liquidity Buffer

Liquidity & Funding Conditions

Liquidity Buffer is a money-market funding concept used to assess the availability, stability, concentration or cost of short-term liquidity.

Repo Collateral

Repo & Secured Funding

Repo Collateral is a secured-funding concept in the repo market that describes the pricing, collateral, maturity, balance-sheet or settlement mechanics of borrowing cash against securities.

Central-Bank Money & Reserves

Reserve Ratio is a central-bank reserves concept used to describe the quantity, remuneration, maintenance or demand for settlement balances held by banks at the central bank.

Reserve Remuneration

Central-Bank Money & Reserves

Reserve Remuneration is a central-bank reserves concept used to describe the quantity, remuneration, maintenance or demand for settlement balances held by banks at the central bank.

Ample Reserves Regime

Central-Bank Money & Reserves

Ample Reserves Regime is a central-bank reserves concept used to describe the quantity, remuneration, maintenance or demand for settlement balances held by banks at the central bank.

Bank Reserves Demand

Central-Bank Money & Reserves

Bank Reserves Demand is a central-bank reserves concept used to describe the quantity, remuneration, maintenance or demand for settlement balances held by banks at the central bank.

Central Bank Reserves

Central-Bank Money & Reserves

Central Bank Reserves is a central-bank reserves concept used to describe the quantity, remuneration, maintenance or demand for settlement balances held by banks at the central bank.

Centrally Cleared Repo

Repo & Secured Funding

Centrally Cleared Repo is a secured-funding concept in the repo market that describes the pricing, collateral, maturity, balance-sheet or settlement mechanics of borrowing cash against securities.

Dealer Repo Financing

Repo & Secured Funding

Dealer Repo Financing is a secured-funding concept in the repo market that describes the pricing, collateral, maturity, balance-sheet or settlement mechanics of borrowing cash against securities.

Emergency Liquidity Assistance

Central-Bank Money & Reserves

Emergency Liquidity Assistance is a money-market funding concept used to assess the availability, stability, concentration or cost of short-term liquidity.

Interest on Reserves

Central-Bank Money & Reserves

Interest on Reserves is a central-bank reserves concept used to describe the quantity, remuneration, maintenance or demand for settlement balances held by banks at the central bank.

Longer-Term Refinancing Operation

Central-Bank Money & Reserves

Longer-Term Refinancing Operation is a central-bank operating-framework concept through which liquidity, reserves or short-term interest rates are supplied, absorbed or steered.

Matched Book Repo

Repo & Secured Funding

Matched Book Repo is a secured-funding concept in the repo market that describes the pricing, collateral, maturity, balance-sheet or settlement mechanics of borrowing cash against securities.

Open Market Operation

Central-Bank Money & Reserves

Open Market Operation is a central-bank operating-framework concept through which liquidity, reserves or short-term interest rates are supplied, absorbed or steered.

Overnight Funding Premium

Liquidity & Funding Conditions

Overnight Funding Premium is a short-term interest-rate benchmark or funding concept used to measure, reference or transmit the cost of overnight and term money-market funding.

Repricing in Repo

Repo & Secured Funding

Repricing in Repo is a secured-funding concept in the repo market that describes the pricing, collateral, maturity, balance-sheet or settlement mechanics of borrowing cash against securities.

Reserve Maintenance Period

Central-Bank Money & Reserves

Reserve Maintenance Period is a central-bank reserves concept used to describe the quantity, remuneration, maintenance or demand for settlement balances held by banks at the central bank.

Scarce Reserves Regime

Central-Bank Money & Reserves

Scarce Reserves Regime is a central-bank reserves concept used to describe the quantity, remuneration, maintenance or demand for settlement balances held by banks at the central bank.

Securities Financing Transaction

Repo & Secured Funding

Securities Financing Transaction is a money-market concept used to describe short-term borrowing, secured funding, benchmark rates, reserve conditions or liquidity transmission.

Short-Term Wholesale Funding

Liquidity & Funding Conditions

Short-Term Wholesale Funding is a money-market funding concept used to assess the availability, stability, concentration or cost of short-term liquidity.

Title Transfer Collateral

Repo & Secured Funding

Title Transfer Collateral is a secured-funding risk-control concept that determines how collateral value, margin or replacement exposure is managed in short-term financing.

Australian Overnight Index Average

Reference Rates & Benchmarks

Australian Overnight Index Average is a short-term interest-rate benchmark or funding concept used to measure, reference or transmit the cost of overnight and term money-market funding.

Central Bank Deposit Facility

Central-Bank Money & Reserves

Central Bank Deposit Facility is a money-market funding concept used to assess the availability, stability, concentration or cost of short-term liquidity.

Central Bank Lending Facility

Central-Bank Money & Reserves

Central Bank Lending Facility is a central-bank operating-framework concept through which liquidity, reserves or short-term interest rates are supplied, absorbed or steered.

Effective Federal Funds Rate

Reference Rates & Benchmarks

Effective Federal Funds Rate is a money-market concept used to describe short-term borrowing, secured funding, benchmark rates, reserve conditions or liquidity transmission.

Secured Overnight Financing Rate

Reference Rates & Benchmarks

Secured Overnight Financing Rate is a short-term interest-rate benchmark or funding concept used to measure, reference or transmit the cost of overnight and term money-market funding.

Singapore Overnight Rate Average

Reference Rates & Benchmarks

Singapore Overnight Rate Average is a short-term interest-rate benchmark or funding concept used to measure, reference or transmit the cost of overnight and term money-market funding.

Sterling Overnight Index Average

Reference Rates & Benchmarks

Sterling Overnight Index Average is a short-term interest-rate benchmark or funding concept used to measure, reference or transmit the cost of overnight and term money-market funding.

Swiss Average Rate Overnight

Reference Rates & Benchmarks

Swiss Average Rate Overnight is a short-term interest-rate benchmark or funding concept used to measure, reference or transmit the cost of overnight and term money-market funding.

Tokyo Overnight Average Rate

Reference Rates & Benchmarks

Tokyo Overnight Average Rate is a short-term interest-rate benchmark or funding concept used to measure, reference or transmit the cost of overnight and term money-market funding.

Variable Rate Demand Note

Money-Market Instruments

Variable Rate Demand Note is a money-market concept used to describe short-term borrowing, secured funding, benchmark rates, reserve conditions or liquidity transmission.

Repo & Secured Funding

Bilateral Repo is a secured-funding concept in the repo market that describes the pricing, collateral, maturity, balance-sheet or settlement mechanics of borrowing cash against securities.

Repo & Secured Funding

Classic Repo is a secured-funding concept in the repo market that describes the pricing, collateral, maturity, balance-sheet or settlement mechanics of borrowing cash against securities.

Collateral Substitution

Repo & Secured Funding

Collateral Substitution is a secured-funding risk-control concept that determines how collateral value, margin or replacement exposure is managed in short-term financing.

End-of-Day Liquidity

Liquidity & Funding Conditions

End-of-Day Liquidity is a money-market funding concept used to assess the availability, stability, concentration or cost of short-term liquidity.

Fine-Tuning Operation

Central-Bank Money & Reserves

Fine-Tuning Operation is a money-market concept used to describe short-term borrowing, secured funding, benchmark rates, reserve conditions or liquidity transmission.

Funding Diversification

Liquidity & Funding Conditions

Funding Diversification is a money-market funding concept used to assess the availability, stability, concentration or cost of short-term liquidity.

Repo & Secured Funding

Haircut Spiral is a secured-funding risk-control concept that determines how collateral value, margin or replacement exposure is managed in short-term financing.

Liquidity Hoarding

Liquidity & Funding Conditions

Liquidity Hoarding is a money-market funding concept used to assess the availability, stability, concentration or cost of short-term liquidity.

Margin Maintenance

Repo & Secured Funding

Margin Maintenance is a secured-funding risk-control concept that determines how collateral value, margin or replacement exposure is managed in short-term financing.

Maturity Mismatch

Liquidity & Funding Conditions

Maturity Mismatch is a money-market concept used to describe short-term borrowing, secured funding, benchmark rates, reserve conditions or liquidity transmission.

Non-Core Funding

Liquidity & Funding Conditions

Non-Core Funding is a money-market funding concept used to assess the availability, stability, concentration or cost of short-term liquidity.

Non-Operational Deposits

Liquidity & Funding Conditions

Non-Operational Deposits is a money-market funding concept used to assess the availability, stability, concentration or cost of short-term liquidity.

Operational Deposits

Liquidity & Funding Conditions

Operational Deposits is a money-market funding concept used to assess the availability, stability, concentration or cost of short-term liquidity.

Repo & Secured Funding

Overnight Repo is a secured-funding concept in the repo market that describes the pricing, collateral, maturity, balance-sheet or settlement mechanics of borrowing cash against securities.

Repo & Secured Funding

Pledge Repo is a secured-funding concept in the repo market that describes the pricing, collateral, maturity, balance-sheet or settlement mechanics of borrowing cash against securities.

Precautionary Liquidity

Liquidity & Funding Conditions

Precautionary Liquidity is a money-market funding concept used to assess the availability, stability, concentration or cost of short-term liquidity.

Quarter-End Funding

Liquidity & Funding Conditions

Quarter-End Funding is a money-market funding concept used to assess the availability, stability, concentration or cost of short-term liquidity.

Repo & Secured Funding

Repo Book is a secured-funding concept in the repo market that describes the pricing, collateral, maturity, balance-sheet or settlement mechanics of borrowing cash against securities.

Repo & Secured Funding

Repo Fails is a secured-funding concept in the repo market that describes the pricing, collateral, maturity, balance-sheet or settlement mechanics of borrowing cash against securities.

Repo & Secured Funding

Repo Run is a secured-funding concept in the repo market that describes the pricing, collateral, maturity, balance-sheet or settlement mechanics of borrowing cash against securities.

Repo & Secured Funding

Repo Spread is a secured-funding concept in the repo market that describes the pricing, collateral, maturity, balance-sheet or settlement mechanics of borrowing cash against securities.

Repo & Secured Funding

Repo Squeeze is a secured-funding concept in the repo market that describes the pricing, collateral, maturity, balance-sheet or settlement mechanics of borrowing cash against securities.

Required Reserves

Central-Bank Money & Reserves

Required Reserves is a central-bank reserves concept used to describe the quantity, remuneration, maintenance or demand for settlement balances held by banks at the central bank.

Reserve Averaging

Central-Bank Money & Reserves

Reserve Averaging is a central-bank reserves concept used to describe the quantity, remuneration, maintenance or demand for settlement balances held by banks at the central bank.

Reserve Balance

Central-Bank Money & Reserves

Reserve Balance is a central-bank reserves concept used to describe the quantity, remuneration, maintenance or demand for settlement balances held by banks at the central bank.

Central-Bank Money & Reserves

Reserve Drain is a central-bank reserves concept used to describe the quantity, remuneration, maintenance or demand for settlement balances held by banks at the central bank.

Reserve Injection

Central-Bank Money & Reserves

Reserve Injection is a central-bank reserves concept used to describe the quantity, remuneration, maintenance or demand for settlement balances held by banks at the central bank.

Reference Rates & Benchmarks

SOFR Average is a short-term interest-rate benchmark or funding concept used to measure, reference or transmit the cost of overnight and term money-market funding.

Reference Rates & Benchmarks

Simple SOFR is a short-term interest-rate benchmark or funding concept used to measure, reference or transmit the cost of overnight and term money-market funding.

Repo & Secured Funding

Sponsored Repo is a secured-funding concept in the repo market that describes the pricing, collateral, maturity, balance-sheet or settlement mechanics of borrowing cash against securities.

Reference Rates & Benchmarks

Term SOFR is a short-term interest-rate benchmark or funding concept used to measure, reference or transmit the cost of overnight and term money-market funding.

Repo & Secured Funding

Tri-Party Repo is a secured-funding concept in the repo market that describes the pricing, collateral, maturity, balance-sheet or settlement mechanics of borrowing cash against securities.

Unstable Funding

Liquidity & Funding Conditions

Unstable Funding is a money-market funding concept used to assess the availability, stability, concentration or cost of short-term liquidity.

Wholesale Funding

Liquidity & Funding Conditions

Wholesale Funding is a money-market funding concept used to assess the availability, stability, concentration or cost of short-term liquidity.

Year-End Funding

Liquidity & Funding Conditions

Year-End Funding is a money-market funding concept used to assess the availability, stability, concentration or cost of short-term liquidity.

Agency Discount Note

Money-Market Instruments

Agency Discount Note is a money-market concept used to describe short-term borrowing, secured funding, benchmark rates, reserve conditions or liquidity transmission.

Benchmark Cessation Event

Reference Rates & Benchmarks

Benchmark Cessation Event is a money-market concept used to describe short-term borrowing, secured funding, benchmark rates, reserve conditions or liquidity transmission.

Bills of Exchange

Money-Market Instruments

Bills of Exchange is a money-market concept used to describe short-term borrowing, secured funding, benchmark rates, reserve conditions or liquidity transmission.

Bond Anticipation Note

Money-Market Instruments

Bond Anticipation Note is a money-market concept used to describe short-term borrowing, secured funding, benchmark rates, reserve conditions or liquidity transmission.

Euro Short-Term Rate

Reference Rates & Benchmarks

Euro Short-Term Rate is a money-market concept used to describe short-term borrowing, secured funding, benchmark rates, reserve conditions or liquidity transmission.

Extendible Commercial Note

Money-Market Instruments

Extendible Commercial Note is a money-market concept used to describe short-term borrowing, secured funding, benchmark rates, reserve conditions or liquidity transmission.

FICC Sponsored Service

Repo & Secured Funding

FICC Sponsored Service is a money-market concept used to describe short-term borrowing, secured funding, benchmark rates, reserve conditions or liquidity transmission.

Fallback Spread Adjustment

Reference Rates & Benchmarks

Fallback Spread Adjustment is a money-market concept used to describe short-term borrowing, secured funding, benchmark rates, reserve conditions or liquidity transmission.

Grant Anticipation Note

Money-Market Instruments

Grant Anticipation Note is a money-market concept used to describe short-term borrowing, secured funding, benchmark rates, reserve conditions or liquidity transmission.

Negotiable Time Deposit

Money-Market Instruments

Negotiable Time Deposit is a money-market funding concept used to assess the availability, stability, concentration or cost of short-term liquidity.

Payment Delay Convention

Reference Rates & Benchmarks

Payment Delay Convention is a money-market concept used to describe short-term borrowing, secured funding, benchmark rates, reserve conditions or liquidity transmission.

Revenue Anticipation Note

Money-Market Instruments

Revenue Anticipation Note is a money-market concept used to describe short-term borrowing, secured funding, benchmark rates, reserve conditions or liquidity transmission.

Right of Substitution

Repo & Secured Funding

Right of Substitution is a money-market concept used to describe short-term borrowing, secured funding, benchmark rates, reserve conditions or liquidity transmission.

Short-Term Government Paper

Money-Market Instruments

Short-Term Government Paper is a money-market concept used to describe short-term borrowing, secured funding, benchmark rates, reserve conditions or liquidity transmission.

Standing Lending Facility

Central-Bank Money & Reserves

Standing Lending Facility is a money-market concept used to describe short-term borrowing, secured funding, benchmark rates, reserve conditions or liquidity transmission.

Tax Anticipation Note

Money-Market Instruments

Tax Anticipation Note is a money-market concept used to describe short-term borrowing, secured funding, benchmark rates, reserve conditions or liquidity transmission.

Term Deposit Facility

Central-Bank Money & Reserves

Term Deposit Facility is a money-market funding concept used to assess the availability, stability, concentration or cost of short-term liquidity.

No matching entry.