This course is designed to provide a fundamental knowledge of repurchase agreements (repos). The course starts off explaining the basics of repos. Traditional applications are examined as well as how the Federal Reserve uses repos in their operations.
By the end of the course, participants will be able to:
- Describe the features and characteristics of repurchase agreements
- Demonstrate the applications and uses of repos
- Identify the key risks associated with repos
- List documentation related to repos
Prerequisites: Suggested but not required
- Introduction to Capital/Financial Markets or equivalent knowledge
- Introduction to Fixed Income
- Fixed Income Instruments
- Pricing Bonds
- Fixed Income Risk Measurements
Program Level: Foundational
Target Audience: Anyone who wants to learn about repurchase agreements, such as staff from operations, IT, legal, compliance, middle office, or HR, and regulators who work closely with various aspects of the fixed income markets.
Client Testimonials: “The graphic representation of the repo process was most useful,” said a recent course graduate, while another found “working through the exercises kept (the class) interactive.” Another class member praised the instructor and coursework. “Charly was an informative instructor and I feel more confident in my knowledge on repos.” All ranked the class highly.
Advance Preparation: None
Computers and Financial Calculators: Computers or tablets for viewing and accessing the electronic documents and a financial calculator for exercises
Recommended CPE Credits: 2.4
Duration: 2 Hours