The (Sizable) Role of Rehypothecation in the Shadow Banking System /

This paper examines the sizable role of rehypothecation in the shadow banking system. Rehypothecation is the practice that allows collateral posted by, say, a hedge fund to its prime broker to be used again as collateral by that prime broker for its own funding. In the United Kingdom, such use of a...

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Bibliographic Details
Main Author: Singh, Manmohan
Other Authors: Aitken, James
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2010.
Series:IMF Working Papers; Working Paper ; No. 2010/172
Online Access:Full text available on IMF