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FED Reverse Repo Operation

US
  • RRP usage slips to $532.439B vs. $552.289B Monday. Holding above recent cycle low of $503.548B from Thursday, February 1, the lowest level since mid-2021.
  • Meanwhile, the number of counterparties holds steady at 80 from 74 last Thursday (compares to 65 on January 16, the lowest since July 7, 2021).

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