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FED Reverse Repo Operation

US
  • RRP usage recedes to $577,755B vs. $581.410B yesterday. Compares to cycle low of $557.687B on Thursday, January 25 -- the lowest level since mid-June 2021.
  • Meanwhile, the number of counterparties slips to 78 from 81 Monday (compares to 65 on January 16, the lowest since July 7, 2021).

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