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FED Reverse Repo Operation

US
  • RRP usage recedes to $433.006B vs. $440.508B yesterday. Compares to $327.066B on Monday -- the lowest level since mid-May 2021 as desks cited Federal tax deadline for the drop.
  • Meanwhile, the latest number of counterparties recedes to 75 vs. 89 prior.

NY Federal Reserve/MNI

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  • RRP usage recedes to $433.006B vs. $440.508B yesterday. Compares to $327.066B on Monday -- the lowest level since mid-May 2021 as desks cited Federal tax deadline for the drop.
  • Meanwhile, the latest number of counterparties recedes to 75 vs. 89 prior.

NY Federal Reserve/MNI