- Latest ICMA survey sets baseline size of the European repo market at EUR 5,379 billion
Latest ICMA survey sets baseline size of the European repo market at EUR 5,379 billion29 September 2016 (London, UK) The European Repo and Collateral Council of the International Capital Market Association (ICMA) has released the results of its 31st semi-annual survey of the European repo market. The survey, which calculates the amount of repo business outstanding on 8 June 2016 (prior to the Brexit vote in the UK) from the returns of 67 offices of 63 financial groups, mainly banks, sets the baseline figure for market size at EUR 5,379 billion, a 4.1% decrease on the December 2015 figure of EUR 5,608 billion and a year on year decrease of 1.6% from the survey in June 2015.
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