Unlocking Hidden Value in Your Treasury Portfolio: Why Fully Closed Repo Deserves Your Attention
The Idle Portfolio Problem There is an uncomfortable truth in institutional treasury management: billions of dollars in high-quality U.S. Treasury securities sit in portfolios generating nothing beyond their coupon. The holders, credit unions, insurance companies, corporate treasurers, endowments, and pension funds, chose these assets for exactly the right reasons: safety, liquidity, and...