Deleveraging After Lehman : Evidence From Reduced Rehypothecation /
Rehypothecation is the practice that allows collateral posted by, say, a hedge fund to their prime broker to be used again as collateral by that prime broker for its own funding. In the United Kingdom, such use of a customer's assets by a prime broker can be for an unlimited amount of the custo...
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Other Authors: | |
Format: | Journal |
Language: | English |
Published: |
Washington, D.C. :
International Monetary Fund,
2009.
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Series: | IMF Working Papers; Working Paper ;
No. 2009/042 |
Subjects: | |
Online Access: | Full text available on IMF |