February 29, 2024 19:38 GMT
FED Reverse Repo Operation: Usage Falls to Two Week Lows
US
- RRP usage falls to the lowest level in two weeks at $502.074B vs. $569.855B Wednesday; compares to $493.065B on Thursday, Feb 15 -- the lowest since early June 2021 .
- Meanwhile, the latest number of counterparties slips to 83 from 87 Wednesday (compares to 65 on January 16, the lowest since July 7, 2021).
NY Federal Reserve/MNI
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