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FED Reverse Repo Operation

US
  • RRP usage falls to new lowest level since May 2021: $439.793B vs. $441.265B Friday. Compares to prior low of $493.065B on February 15 -- was the lowest since early June 2021 .
  • Meanwhile, the latest number of counterparties inches back up to 75 from 73 Friday (compares to 65 on January 16, the lowest since July 7, 2021).

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