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Reverse Repo Usage Lifts With Counterparties Spike

FED
  • *108 COUNTERPARTIES TAKE $1.151 TLN AT FED REVERSE REPO OP. – bbg
  • Usage lifted by $68B from yesterday as 14 additional counterparties take part.
  • The rise in counterparties around the 18th is expected as GSE cash enters funding markets, but it's nevertheless the highest since the month-/quarter-end on June 30 with 109 counterparties.


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