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RRP Usage Per Counterparty Fresh Low Since Jun'21

FED
  • The Fed's Reverse Repo facility uptake was near unchanged today at $932bn, further consolidation of the sharp reduction seen late last week (to Thursday’s low of $912bn) having first dropped below the $1tn mark on Nov 9.
  • The number of counterparties increased by two to 97, the highest since Nov 14.
  • The average $ amount per bid stands at $9.6bn for a new low since Jun’21.

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