CalPERS Agrees to Renew Participation in OCC Repo Facility

Posted on 01/26/2016

The California Public Employees’ Retirement System (CalPERS) has been earning fees by taking on counterparty risk. CalPERS renewed its agreement to participate in a fully committed repurchase facility with derivatives clearinghouse Options Clearing Corporation (OCC) and securities lending agent eSecLending LLC. The pension giant plans to provide contingency liquidity in the event of a counterparty […]

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