From the Collaborative Bond and Money Market Data Portal
The ABS - Asset Backed Securities - Repo Conduit The ABS – Asset Backed Securities - Repo Conduit, or Repurchase Conduit consists of Non-Bank Structured Finance Vehicle companies that issues commercial paper which is backed by repurchase when mature. Example of this is Banks purchasing government bonds and then leveraged their income statement by selling the bonds on a repurchase agreement so they get the original amount spent on the bonds they purchased and invest in the other areas with better returns and then when the contract matures the banks repurchase the bonds. Collateralisation is the process of buying assets which are financed by asset backed securities, bonds or debt instruments backed by the value of those assets. This is different from securities that are linked to a credit, a commodity, an equity or a foreign exchange or baskets and or hybrids thereof. These instruments are not classified at the entity level but at the instrument level by their Category.
In the Collaborative Bond and Money Market Data Model the attribute ABS - Repo Conduit - FIG appears in the field IndustrySector.
On 06-September-2023 the size of the ABS - Repo Conduit - FIG IndustrySector Debt Capital Market was USD3.21bn equivalent, with 35 trades.
The size of the Bond Market was USD69.67m equivalent, with 2 trades.
The size of the Money Market was USD3.14bn equivalent, with 33 trades.
For more information on issues in ABS - Repo Conduit - FIG Debt Capital Market, use CMDportal's instrument search tool.
For more information on the size of the ABS - Repo Conduit - FIG Debt Capital Market, use CMDportal's data sheet tool.
For more information on the composition of the ABS - Repo Conduit - FIG Debt Capital Market, use CMDportal's issuer search tool.
For more information on active dealers in the ABS - Repo Conduit - FIG Debt Capital Market, use CMDportal's dealer search tool.
For more information on active investors in the ABS - Repo Conduit - FIG Debt Capital Market, use CMDportal's investor search tool.
IndustrySector.