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Securities lending and related standing facilities : background note (anglais)

The aim of this draft background note is to provide public debt managers with an overview of the matters that need to be considered by debt management offices (DMOs) planning to provide a securities lending facility (SLF) to their primary dealers (PDs). This background note is organized as follows. The usefulness of securities lending for market makers and for investors is reviewed first. The background note then describes the different financial...
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