At OTC we believe in tailoring our courses to meet each client’s specific requirements.  The illustrative course outline below gives an indication of the type of course content that we’ve been asked to deliver. For more information call us on +44 20 7700 3330 or email info@ockendontraining.com

Strategy & Leadership Finance & Commerce Investment Banking

Repo

What is covered?

The aim of the course is to enhance participants’ knowledge of repo and its alternatives – sell and buy-backs and securities lending – and the process of clearing and settling trades.  We will cover the basics of what repo entails, clean and dirty bond pricing and how it affects repo interest, also, the pros and cons of the alternatives, in this half day introductory course.

Who will benefit?

Participants looking to understand the basics of the Repo market, including relevant calculations.  No prior knowledge is assumed, although a basic understanding of bonds would be useful.

Course content            

Introduction to investment banking
Introduction to repo  
What is repo?

• Repo as a loan
• Repo as securities lending

Calculating  repo  interest

• Clean and dirty bond prices
• Day count conventions
• Calculating repo interest

Alternatives to repo

• Why not use repo?
• Sell and buy-backs
• Securities lending