Top 10 CCPs plump liquidity buffers by $20 billion
Increase driven by higher secured deposits at commercial banks and expansion of credit lines
Liquid resources at 10 of the largest central counterparties (CCPs) increased by $20 billion (4%) in the first half of the year, primarily in the form of secured cash and expanded credit lines with commercial banks.
Risk Quantum analysis shows CCPs grew secured, committed credit lines by 40% to $70.3 billion and secured cash with banks, including reverse-repurchase agreements, by 32% to $43.6 billion over the six months to end-June.
The Depository Trust & Clearing Corporation (DTCC) increased
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