With the recent news that CITI is to accept ETFs as collateral, we decided it was time to look at the securities lending market in respect of ETFs, this data has been sourced from FIS' Astec Analytics, who offers the most up-to-date rate and volume information on securities lending transactions globally through intraday transactional data.
For more visibility of the ETF per region please see attached spreadsheets:
*Utilisation is the percentage of shares physically available to borrow that have already been borrowed
The ETF market in respect of Securities being lent has expanded over the last year from an initial value of $50Bn to an average value in excess $60Bn and a peak above $71Bn