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FED Reverse Repo Operation Usage Tumbles, Lowest Since Mid-June 2021

US
  • RRP usage falls to the lowest level since mid-June 2021 this afternoon: $683.254B from -- $769.436B in the prior session and well below $768.543B on December 1.
  • The number of counterparties has fallen to 82 from 92 in the prior session.

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