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US TSYS/OVERNIGHT REPO: ON RRP Take-up Dips

US TSYS/OVERNIGHT REPO
  • Take-up of the Fed's overnight reverse repo facility unwound Friday’s modest lift, falling $18bn to $187bn.
  • Recent lows remain $144bn from Nov 5.
  • The 57 counterparties remains within recent ranges.
  • ON RRP take-up is expected to pick up at end-month.
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  • Take-up of the Fed's overnight reverse repo facility unwound Friday’s modest lift, falling $18bn to $187bn.
  • Recent lows remain $144bn from Nov 5.
  • The 57 counterparties remains within recent ranges.
  • ON RRP take-up is expected to pick up at end-month.