A Closer Look at the U.S. NCCBR Market

Ashlyn Cenicola and Corey Garriott

No 26-05, Briefs from Office of Financial Research, US Department of the Treasury

Abstract: New OFR data sheds light on the $5 trillion U.S. NCCBR market and explores its size, risks and future with central clearing (Brief no. 26-05).

Date: 2026-08-18
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