This paper provides a descriptive and quantitative account of the tri-party repo market before the reforms proposed in … 2010 by the Task Force on Tri-Party Repo Infrastructure (Task Force 2010). We provide an extensive description of the … margins is in contrast to evidence from other repo markets. Perhaps surprisingly, the data reveal relatively few signs of …

This paper provides a quantitative account of the tri-party repo market during the recent financial crisis. Using data … this market. The stability of the haircuts contrasts with evidence from the bilateral repo market, where, as shown by … were not gradual; instead, the amount of funding in the tri-party repo market can decrease precipitously. Our findings …