Kraenzlin, Sébastien - In: Financial Markets and Portfolio Management 21 (2007) 2, pp. 241-261
With the reinterpretation of repurchase agreements (repos) by the tax authority and the revision of the national bank law in 1997, allowing the Swiss national bank (SNB) to use repos as monetary policy instrument, the prerequisites for the development of a Swiss franc repo market were given. The...