State Street Launches Buy-Side Peer To Peer Repo Financing 0 Shares State Street Corporation announced the release of a new Peer-to-Peer Repo program for the buy-side. Building from its market-leading position in sponsored repo and securities lending, including peer-to-peer opportunities within its agency lending program, Peer-to-Peer Repo enables competitive financing costs across a broader range of collateral types and yield enhancement opportunities compared to traditional repo markets. State Street guarantees the payment obligations of cash borrowers to cash lenders within the program following a default, thus facilitating bilateral trading by counterparties with varying credit and capital strength. “We are very pleased to be launching our Peer-to-Peer repo marketplace that will enable the buy-side seeking market liquidity to extract incremental value by accessing this new platform,” said Nadine Chakar, head of State Street Global Markets. “State Street has a history of creating innovative solutions tailored to the buy-side market, most recently a peer-to-peer securities lending product, and the launch of this new Peer-to-Peer repo platform further demonstrates our market expertise in fundamental financing & collateral solutions. This platform, designed in close collaboration with buyside clients, further complements our broader investments in sponsored repo and collateral management. We are excited to be at the forefront of an evolving and exciting journey for the industry.”