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Sept 9 -- The U.S. Office of Financial Research (OFR) released its new U.S. Repo Markets Data Release, a prototype publication of daily data on repo markets, and unveiled the Short-term Funding Monitor, an interactive tool that provides a more complete view into short-term funding markets.
U.S. Repo Markets Data Release: https://www.financialresearch.gov/short-term-funding-monitor/datasets/repo/
Short-term Funding Monitor: https://www.financialresearch.gov/short-term-funding-monitor/

Trillions of dollars in repo agreements trade hands daily in short-term funding markets. Pressure in short-term funding markets can serve as an early warning signal of financial stress. To help the Financial Stability Oversight Council monitor risk in these markets, the OFR collects data on centrally cleared repurchase agreements, which amount to more than one trillion dollars in daily repo transactions. Through its new data release, the OFR is making aggregates of this data, and data covering tri-party repo, available to the public.  
The Short-term Funding Monitor integrates the OFR’s U.S. Repo Markets Data Release with other existing data sets previously scattered across many sources. The monitor combines data on the balance sheets and funding needs of short-term funding market participants, and the volumes and rates across market segments. Users can download all of the monitor data via a public API.

The OFR U.S. Repo Markets Data Release contains daily data on rates and volumes in centrally cleared and tri-party repurchase agreement (repo) markets. These data are broken out by tenor and underlying collateral. This release is useful for understanding dynamics in repo markets, and provides more detail on overall activity in these markets than any other currently available source.

The release is published daily at 3 p.m. as an update to the Short-term Funding Monitor. Data for centrally cleared repo markets are generally made available with a one-day lag. Data for tri-party repo are generally made available with a two-day lag. Data are not published for market holidays. Releases are not published on government holidays and data for affected days are instead published on the next day the government is open.
The OFR’s cleared repo data also supports the calculation of the Secured Overnight Financing Rate (SOFR), the Alternative Reference Rates Committee’s preferred alternative to the U.S. dollar LIBOR reference rate. Due to concerns about LIBOR, different markets across the world are transitioning to other reference rates.

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