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GFF Podcast episode 6: Year-End Special

Repo Markets, Excess Liquidity, ECB Policy & Predictions for 2024

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Last Updated
01.12.2023

In this special year-end episode, we explore the changing EU money market ecosystem. We discuss quantitative tightening, new developments in Minimum Reserve Requirements, changes to sovereign deposit remuneration and excess liquidity. With expert insight from Christophe Rieger (Head of Commerzbank's Rates and Credit Research) and Martin Nazary (Head of Short Term Products at Deutsche Finanzagentur, a major source of liquidity in EU repo markets), both speakers at the upcoming GFF Summit in Luxembourg (31 January to 1 February 2024).

Together with hosts Christian Rossler and Andrew Keith Walker, we explore the significant economic impacts of these developments and look at year-end 2023, focusing on the rapidly expanding cleared repo market and the un-cleared triparty repo market.

Additionally, we round off 2023 with some money market predictions for 2024 and the upcoming changes in the ECB operational framework. Lastly, we wish all our listeners a good holiday season and, if you celebrate it, a Merry Christmas.

GFF Podcast: Year-End Special: Repo Markets, Excess Liquidity, ECB policy & Predictions for 2024

The episode is also available on all your favourite streaming platforms, you can find us on Apple PodcastsSpotifyGoogle PodcastsAudible and more.

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The Global Funding and Financing (GFF) podcast is Clearstream’s podcast series for the funding and financing industry, releasing monthly episodes with senior leaders in the space of secured finance covering all major topics shaping the world of collateral, securities lending, repo and OTC derivatives.