Anonymous shelf assessment
Overview of Repo and Reverse Repo Markets
Shelf score 7.5 / 10
On The Repo and Reverse Repo Markets - An Overview · Paul Houweling · Nomura
Published 23 March 2026
This guide provides an essential overview of repo market mechanics and funding dynamics.
Overview
The Repo and Reverse Repo Markets - An Overview by Paul Houweling serves as an essential guide for understanding the mechanics of the repo market, including funding dynamics and collateral valuation. It is particularly aimed at treasurers and analysts who require a practical understanding of treasury management and related concepts.
The book covers various aspects of the repo market, such as haircuts and spot-next contracts, while providing practical examples relevant to treasury operations. It is designed to clarify complex concepts and facilitate better decision-making in money market trading and treasury management.
While the text excels in explaining the mechanics of repo transactions, it is noted for its limited quantitative depth, which may not satisfy readers seeking in-depth analytical approaches. Nonetheless, it remains a valuable resource for those looking to enhance their understanding of this crucial financial market.
By area & interest
Target Audience
This book is particularly suited for treasurers and analysts who operate within the money markets and require a solid grasp of repo mechanics.
Practical Applications
It includes practical examples that illustrate treasury management concepts, making it useful for professionals engaged in funding and collateral management.
Clarity of Explanation
The text is praised for its clear explanations of complex mechanics, which can aid readers in navigating the intricacies of the repo market.
Limitations
The book may lack the quantitative depth that some advanced readers might expect, focusing instead on practical mechanics.
Basis of this assessment
Assessment based on catalogue description and strengths/limitations notes.
Strengths
The book is well-regarded for its clear explanations of repo market mechanics and practical treasury management examples, making it accessible to intermediate readers.
Limitations
It offers limited quantitative analysis, which may not meet the needs of readers looking for deeper financial modelling or analytical insights.
Ideal reader
This book is ideal for money market traders and treasurers seeking a practical understanding of repo markets without delving into complex quantitative analysis.