ES - 2026-10-29 - Damien Klossner, Igor Mlikota and Sabrina Stadelmann: What collateral is used in the Swiss interbank repo market?

Collateral is a key component of repurchase agreement transactions. We document collateral usage in the Swiss interbank repo market using an extensive transaction-level dataset. We find that a substantial share of securities eligible for the SNB General Collateral Basket is…