OFR Short-term Funding Monitor - Market Digests
Interest rates measure the cost of funding. They can act as indicators both of short-term costs of capital for financial intermediaries and of stress in funding markets. These charts present interest rates across various short-term funding markets and types of funding.
Average rates of return in centrally cleared repo markets by collateral type
Average interest rates in the GCF Repo Service and DVP Service broken out by type of collateralSkip the Chart
One of the ways the market for repurchase agreements (repo) supports cash market liquidity is by allowing financial institutions to fund their portfolios using securities as collateral. The OFR currently collects data on two centrally cleared repo platforms, the Fixed Income Clearing Corporation's GCF Repo Service and DVP Service.
This chart shows volume-weighted mean interest rates in these markets by the underlying security used as collateral. Interest rates on high-quality collateralized overnight loans are a measure of bank and dealer funding costs.
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Office of Financial Research, “OFR Short-term Funding Monitor,” refreshed daily, https://www.financialresearch.gov/short-term-funding-monitor/ (accessed ).