The New York Fed accepted $417.8 billion in an overnight reverse repo facility on May 28, with 71 counterparties participating. The following day, $459.3 billion was submitted, with 75 entities borrowing through the Federal Reserve's reverse repurchase agreement operation, reflecting ongoing financial complexities in the market.
⚠️ NEW YORK FED ACCEPTS $459.3 BLN SUBMITTED TO OVERNIGHT REVERSE REPO FACILITY ON MAY 29
In a recent development, 75 entities have borrowed a staggering $459.314 billion through the Federal Reserve's reverse repurchase agreement operation. This significant amount highlights ongoing financial complexities within the market.
75 COUNTERPARTIES TAKE $459.314B AT FED REVERSE REPO OPERATION.
New York Fed Accepts $417.8 bln Submitted to Overnight Reverse Repo Facility on May 28
⚠️ NEW YORK FED ACCEPTS $417.8 BLN SUBMITTED TO OVERNIGHT REVERSE REPO FACILITY ON MAY 28
71 COUNTERPARTIES TAKE $417.836B AT FED REVERSE REPO OPERATION.