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Repurchase Agreement (Repo) Market Spike Detection Simulator

Overview

This repository contains the Python notebook used to simulate repo haircut rates for Treasury issues and Asset-Backed Securities (ABSs). It was created to supplement the research paper available at https://papers.ssrn.com/sol3/papers.cfm?abstract_id=5572598. It uses these simulations to test a "spike detection" algorithm outlined in the research paper.

Libraries Used

The primary libraries used in this codebase are the three standard Python data science libraries:

  • numpy
  • pandas
  • matplotlib

Credits

For simulating Brownian motion through Monte Carlo samples, the brownian function code from an article written by Warren Weckesser (available at https://scipy-cookbook.readthedocs.io/items/BrownianMotion.html) was used.

About

This repository contains the Python notebook used to simulate repo haircut rates for Treasury issues and Asset-Backed Securities (ABSs). It uses these simulations to test a "spike detection" algorithm, meant to gracefully enhance transparency into credit risk factors of ABSs.

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