Reverse repos take off for collateral

Year on year, securities on loan globally have fallen somewhat, from $1.9 trillion in mid-2011 to $1.8 trillion today, while over $12 trillion worth of securities remain available for lending. That masks a less visible but positive trend in Asia, where sec-lending markets are developing in places such as India, Malaysia and Taiwan, where none previously existed. The lending base is also becoming more diverse, as some sovereign wealth funds experiment with lending assets. That bodes we…