TBMA Submits Comments to the FRBNY on the FRBNY’s Ability to Engage in Triparty Repo
Summary
The Bond Market Association (TBMA)* provides comments to the Federal Reserve Bank of New York (FRBNY) on FRBNY’s ability to engage in triparty repo on a permanent basis for purposes of conducting open market operations. TBMA offers its thoughts in addition to substantive suggestions regarding the proposal and triparty repo transactions. *SIFMA is the product of a merger between the Securities Industry Association (SIA) and The Bond Market Association (TBMA) in 2006.