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RRP Uptake Stabilizes After Sliding In Prior Weeks

FED
  • RRP usage increased $25B to $1,139B today, consolidating a week that saw a drop to new recent lows of $1,082B.
  • Usage is down circa $300B from a similar time last month.
  • The number of counterparties increased by 5 to 102 having seen some volatility this week around the time GSEs tend to use the facility.

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