Free Trial

Global Investor Magazine Copying and distributing are prohibited without permission of the publisher

US concedes on repo market levy

02 February 2010

The US government is planning not to include the repurchase market in a proposed levy on banks’ administration

Read more: repo market levy financial crisis responsibility fee FDIC

The U.S. government is not planning to include the repurchase market in a proposed levy on banks’ administration, Financial Times reports. The Treasury is looking at measures to sustain repo trading under the proposed levy.

As part of the...


 

Quote