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Seventy-seven participants placed a total of $1.352 trillion at the Fed’s overnight reverse repurchase agreement facility

Demand for the so-called RRP has climbed further after the Fed this week boosted the amount that each counterparty can potentially place at the facility to $160 billion from $80 billion

Bloomberg 23 September 2021


The Fed's Reverse Repo and Balance Sheet Tapering Madness Accelerates

Reverse repos, effectively a QE drain, hit new record levels even as the QE madness continues.



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