The Repo Desk at Bear Stearns enters into both repurchase (repo) and bonds-borrowed transactions for the firm's account and with clients. The desk's technological platform, the diversity of its matched books (the collection of agreements executed with clients), and the extensive experience of its traders have made Bear Stearns a market leader in repurchase transactions for more than 25 years.

The Repo Desk is a dedicated team of professionals who handle the funding and liquidity needs of fixed income clearing clients worldwide. In addition to offering competitive terms and cash management services, the group can structure transactions with a view toward a particular investment strategy. State-of-the-art systems are employed to meet the unique challenges presented by the market.

Services include:
  • Choice of funding solutions
  • Essential market color
  • Expert support on funding requirements
  • Management of repo positions
  • Processing and tracking of third-party funding
Matched books are traded in a variety of instruments:
  • Asset-backed securities
  • Corporate bonds
  • Emerging markets debt
  • International securities
  • Mortgage securities
  • STRIPS
  • U.S. agency securities
  • U.S. Treasury securities
The Repo Desk also distinguishes itself through the high quality of service it provides to a diverse client base, which includes:
  • Banks
  • Domestic and international corporations
  • Hedge funds
  • Money funds
  • Pension funds
  • State and local governments
  • Thrifts

Clients can fund their repo trades entirely through the Bear Stearns Repo Desk or through a combination of Bear Stearns and other counterparties. Clients seeking additional support with repo trading can also receive market color, automatic trade execution and administrative backup.