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FED Reverse Repo Operation

US
  • RRP usage rebounded to $575.332B vs. $553.648B Tuesday - remains well above recent cycle low of $503.548B from Thursday, February 1, the lowest level since mid-2021.
  • Meanwhile, the latest number of counterparties is at 91 from 84 Tuesday (compares to 65 on January 16, the lowest since July 7, 2021).

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