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

https://www.bloomberg.com/news/articles/2021-09-23/fed-reverse-repo-usage-hits-record-high-after-tweak-to-limits


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.

https://mishtalk.com/economics/the-feds-reverse-repo-and-balance-sheet-tapering-madness-accelerates

 

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