Work Plans for Developing the Corporate Bond Repo Market(Milestones)

A survey targeting market participants conducted by the Japan Securities Dealers Association (JSDA) in July 2021 reconfirmed the need for corporate bond transactions with repurchase agreements (repo transactions).

Accordingly, the Working Group on Development of Infrastructure for Disseminating Corporate Bond Price Information (WG) has deliberated on establishing a corporate bond repo market to increase corporate bonds' liquidity since November 2021.

As a result, the WG has drawn up the work plans for developing the corporate bond repo market as a conclusion of its discussions.

Going forward, the JSDA will have detailed discussions with market participants, taking into account the matters such as stability of transactions, profitability, and potential.

Work Plans for Developing the Corporate Bond Repo Market(Milestones,Apr.2023 revised)PDF