Securities Finance: Securities Lending and Repurchase Agreements Hardcover - 2005 - 1st Edition

From the rear cover

Securities finance involves borrowing and lending transactions that are motivated for various reasons such as obtaining securities for settlement, financing inventory positions, and generating incremental income.

In Securities Finance, editors Frank Fabozzi and Steven Mann assemble a group of prominent practitioners in the securities finance industry to provide you with an enhanced understanding of the various arrangements in the securities finance market.

Divided into three comprehensive parts--Securities Lending, Bond Financing via the Repo Market, and Equity Financing Alternatives to Securities Lending--this book covers a wide range of securities finance issues, including:

• Alternative routes to the securities lending market, including auctions
• Tax, legal, regulatory, and accounting for securities lending transactions
• Evaluating risks in securities lending transactions
• U.S. and European repo markets
• Dollar rolls and their impact on MBS valuation and strategies
• Derivatives for financing equity positions and equity repos

Filled with in-depth insight and expert advice, Securities Finance contains the information you need to succeed in this rapidly expanding market.